Pursuant to Rule 1007-1 of the Bankruptcy Local rules of the United States Bankruptcy Court for the Northern District of California, the judges of the Oakland division of this court have adopted and approved a form Reaffirmation Agreement. This practice form shall be required to document any Reaffirmation Agreement for which court approval is sought pursuant to Bankruptcy Code section 524(c)(6)(A). Further, after November 1, 1999, the court may decline to approve any Reaffirmation Agreement that does not substantially conform to the approved practice form.

Please note, this form is applicable for cases filed before October 17, 2005. Please see the Reaffirmation Agreement for cases filed on or after October 17, 2005.

A print-friendly version of the Reaffirmation Agreement is available for downloading.

Debtor’s Name	Bankruptcy Case No. Chapter
Creditor’s Name and Address

Instructions:

1) Attach a copy of all court judgments, security agreements, and evidence of their perfection.

2) File all the documents by mailing them or delivering them to the Clerk of the Bankruptcy Court.

This agreement gives up the protection of your bankruptcy discharge for this debt.

As a result of this agreement, the creditor may be able to take your property or wages if you do not pay the agreed amounts. The creditor may also act to collect the debt in other ways.

You may rescind (cancel) this agreement at any time before the bankruptcy court enters a discharge order or within 60 days after this agreement is filed with the court, whichever is later, by notifying the creditor that the agreement is canceled.

You are not required to enter into this agreement by any law. It is not required by the Bankruptcy Code, by any other law, or by any contract (except another reaffirmation agreement made in accordance with Bankruptcy Code § 524 (c)).

You are allowed to pay this debt without signing this agreement. If you do not sign this agreement and are later unwilling or unable to pay the full amount, the creditor will not be able to collect it from you. The creditor also will not be allowed to take your property to pay the debt unless the creditor has a lien on the property.

If the creditor has a lien on your personal property, you may have a right to redeem the property and eliminate the lien by making a single payment to the creditor equal to the current value of the property, as agreed by the parties or determined by the court. If you cannot afford to redeem the property with one payment, the reaffirmation agreement allows you to pay for the merchandise in monthly installments as agreed upon by you and the creditor.

This agreement is not valid or binding unless it is filed with the clerk of the bankruptcy court. If you were not represented by an attorney during the negotiation of this reaffirmation agreement, the agreement cannot be enforced by the creditor unless 1) you have attended a reaffirmation hearing in the bankruptcy court, and 2) the agreement has been approved by the bankruptcy court. (Court approval is not required if this is a consumer debt secured by a mortgage or other lien on your real estate.)

The debtor and creditor named above agree to reaffirm the debt described in ths agreement as follows.
Total Amount of Debt When Case was Filed $_____________
Total Amount of Debt Reaffirmed $__________
Above Total includes the following:

• Interest Accrued to Date of Agreement $__________
  Attorney Fees $__________
  Late Fees $__________
  Other Expenses of Costs Relating to the
  Collection of this Debt (Describe) $__________

Annual Percentage Rate (APR) ___________%
Amount of Monthly Payment $__________
Date Payments Start ___________
Total Number of Payments to be made ___________
Total of Payments if paid according to schedule ___________
Date Any Lien Is to Be Released if paid according to schedule ___________
The debtor agrees that any and all remedies available to the creditor under the security agreement remain available.

All additional Terms Agreed to by the Parties (if any):

Payments on this debt [were][were not] in default on the date on which this bankruptcy case was filed. This agreement differs from the original agreement with the creditor as follows:

Description of Collateral. If applicable, list manufacturer, year and model:

Value $_______________
Basis or Source for Valuation ____________________________________________________
Current Location and Use of Collateral __________________________________________________
Expected Future Use of Collateral ____________________________________________________

Check Applicable Boxes:

Any lien described herein is valid and perfected.

This agreement is part of a settlement of a dispute regarding the dischargeability of this debt under section 523 of the Bankruptcy Code (11 U.S.C. § 523) or any other dispute. The nature of dispute is ____________________________.

My Monthly Income (take home pay plus any other income received) is $_____________.
My current monthly expenses total $ ____________, not including any payment due under this agreement or any debt to be discharged in this bankruptcy case.

I believe this agreement [will][will not] impose an undue hardship on me or my dependents.

I agreed to reaffirm this debt because ______________________________________________

I believe this agreement is in my best interest because _________________________________

I [considered][did not consider] redeeming the collateral under section 722 of the Bankruptcy Code (11 U.S.C. § 722). I chose not to redeem because _____________________________________

I [was][was not] represented by an attorney during negotiations on this agreement.

Any documents which created and perfected the security interest or lien [are][are not] attached. [If documents are not attached: The documents which created and perfected the security interest or lien
are not attached because_____________________________________________________________________.]

________________________________ (Signature of Debtor)	__________________________________ (Name of Creditor)
Date_____________	__________________________________ (Signature of Creditor Representative)
_______________________________________ (Signature of Joint Debtor)	Date__________________
Date _____________

I hereby certify that 1) this agreement represents a fully informed and voluntary agreement by debtor(s); 2) this agreement does not impose a hardship on the debtor or any dependent of the debtor; and 3) I have fully advised the debtor of the legal effect and consequences of this agreement and any default under this agreement.

_____________________________________ (Signature of Debtor’s Attorney, if any)

____________ Date

GOOD CAUSE APPEARING, it is Ordered that the above Reaffirmation Agreement is
approved.

Date: _________________

_______________________________________ United States Bankruptcy Judge