Author Index: Julianne Parker

Reaffirmation agreements are often entered into by Chapter 7 debtors who wish to retain their homes and cars.  Reaffirmation Agreements are contracts in which the Debtor agrees to be bound by the original terms of the secured debt, despite filing for bankruptcy protection.

A London jury last week convicted tennis star and former Wimbledon champion of bankruptcy related crimes.  Becker was found guilty of four charges under the United Kingdom’s Insolvency Act, which is the European country’s equivalent of the United States’ Bankruptcy Code.