REAFFIRMATION

reaffirmation

reaffirmation, n. 1. Approval of something previously decided or agreed to; renewal (the Supreme Court’s reaffirmation of this principle is long overdue). 2. Bankruptcy. An agreement between the debtor and a creditor by which the debtor promises to repay a prepetition debt that would otherwise be discharged at the conclusion of the bankruptcy (the debtor […]

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