Reaffirmation Agreements in Consumer Bankruptcy Cases

Reaffirmation Agreements in Consumer Bankruptcy Cases

by Daniel A. Austin, Donald R. Lassman
     
 
Reaffirmations by consumer debtors are an important and commonly-used method to keep secured property in a chapter 7 case. After the 2005 amendments to the Bankruptcy Code, the reaffirmation option became significantly more complicated procedurally for both consumer debtors and their counsel. Understanding the many dimensions of the reaffirmation option is crucial to

Overview

Reaffirmations by consumer debtors are an important and commonly-used method to keep secured property in a chapter 7 case. After the 2005 amendments to the Bankruptcy Code, the reaffirmation option became significantly more complicated procedurally for both consumer debtors and their counsel. Understanding the many dimensions of the reaffirmation option is crucial to providing sound advice and avoiding legal liability. Reaffirmation Agreements in Consumer Bankruptcy Cases provides a helpful and highly-accessible road map for both debtor and creditor counsel into the new technical requirements and practical considerations at play in advising clients on either side of the debtor/creditor divide. Clearly written and appended with the relevant Code sections, Rules and Forms essential to execute a sound reaffirmation agreement that will win court approval, the book should be a part of any consumer practitioner’s toolkit.

Product Details

ISBN-13:
2940014302357
Publisher:
American Bankruptcy Institute
Publication date:
03/09/2012
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
196
File size:
4 MB

Related Subjects

Meet the Author

Daniel A. Austin practices bankruptcy and commercial law in Pittsburgh. His articles have appeared in the ABI Journal, Wayne Law Review and San Francisco Law Review. In addition, he has served as a contributing editor for a leading bankruptcy law treatise. Mr. Austin received his B.A. from Brigham Young University and his J.D. from Columbia Law School.

Donald R. Lassman is a sole practitioner in Needham, Mass., concentrating in the areas of bankruptcy, insolvency and business reorganization. Mr. Lassman is a member of the bars of the Commonwealths of Pennsylvania and Massachusetts, the National Association of Bankruptcy Trustees and ABI. He has been a panel member of the chapter 7 trustees for the U.S. Bankruptcy Court for the District of Massachusetts since 1995 and is co-chair of the Bankruptcy Law Section of the Boston Bar Association. Mr. Lassman has participated in many continuing legal education programs as chairperson and panelist and has written extensively on legal issues relating to insolvency and bankruptcy, including co-authoring “Moving for Relief from the Automatic Stay In Bankruptcy,” published by Massachusetts Continuing Legal Education, Inc. in 2006.

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