Which of the Following Is NOT Required for a Reaffirmation

question 61

Multiple Choice

Which of the following is NOT required for a reaffirmation of debt?

• A)The agreement should contain a statement notifying the creditor that the law does not require the agreement.
• B)The reaffirmation agreement is made before the debt is discharged
• C)The debtor must be able to cancel the agreement
• D)The agreement must contain explicit information regarding the time period in which the debtor can cancel the agreement.
• E)The reaffirmation agreement is made after the debt is discharged

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Definitions:

Equal Rights Amendment

A proposed amendment to the United States Constitution aimed at guaranteeing equal legal rights for all American citizens, regardless of sex.

Legislation

Laws or legal statutes that have been enacted by a governing body, such as a parliament or congress.

Social Equality

The situation where members of a society enjoy equality in aspects such as civil rights, freedom of speech, rights to own property, and the availability of services and social goods on an equal basis.

Washing Machine

A household appliance designed for washing clothing and textiles using water and detergent.