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Gomez v. Wells Fargo Bank (In re Gomez)

Gomez v. Wells Fargo Bank (In re Gomez)

Ruling
Reaffirmation agreement was valid despite failure to separate fees and costs or provide repayment schedule.
Procedural posture

Plaintiff bankruptcy debtors brought an adversary proceeding against creditor seeking a declaration that an agreement whereby the debtors reaffirmed their debt to the creditor secured by the debtors' home was null and void based on lack of compliance with the statutory requirements of 11 U.S.C.S. § 524.

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Consumer opinion summary, case decided on May 24, 2012 , LexisNexis #0712-023