A free guide for New Jersey residents. Filed in D.N.J..
You have 60 days after the reaffirmation agreement is filed with the court to rescind (cancel) it. After 60 days, your options are limited. You can voluntarily surrender the property, refinance the loan, or negotiate with the creditor. If the reaffirmation was not properly disclosed or you were not represented by counsel when signing, there may be grounds to challenge it. Common with car loans where payments become unaffordable post-bankruptcy.
In New Jersey:
Courthouse: 50 Walnut St, Newark NJ.
You have 60 days after the reaffirmation agreement is filed with the court to rescind (cancel) it. After 60 days, your options are limited. You can voluntarily surrender the property, refinance the loan, or negotiate with the creditor. If the reaffirmation was not properly disclosed or you were not represented by counsel when signing, there may be grounds to challenge it. Common with car loans where payments become unaffordable post-bankruptcy.
Filed in D.N.J.. Consult a qualified attorney for your specific situation.
50 Walnut St, Newark NJ.
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