- 11 U.S.C.
In re Vosburg
Mar
30
2012
Ruling
Reaffirmation agreements approved given rebuttal of presumption of undue hardship and approval of debtor's attorney.
Procedural posture
A chapter 7 debtor sought to reaffirm his obligations on commercial loans secured by several properties. In support of the reaffirmation agreements, the debtor set forth several factors to overcome the presumption of undue hardship that arose under 11 U.S.C.S. § 524(c)(6)(A). No creditor objected to the reaffirmations, and the bank that issued the loans supported reaffirmation.
ABI Membership is required to access the full summary of In re Vosburg Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: