How to Reaffirm Your Mortgage: A Step-by-Step Guide

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Are you a homeowner who has gone through bankruptcy and wants to keep your home? Reaffirming your mortgage might be the solution you’re looking for. In this comprehensive guide, we’ll explain the process of reaffirming your mortgage and provide you with valuable insights to help you make informed decisions. Understanding how to reaffirm your mortgage is vital to ensure your financial stability and protect your home.

Understanding Mortgage Reaffirmation

Mortgage reaffirmation refers to the process of agreeing to continue being legally bound to your mortgage debt after bankruptcy. By reaffirming your mortgage, you essentially reestablish the original terms of your loan. This allows you to keep your home and continue making regular mortgage payments, even after your bankruptcy discharge.

It’s crucial to comprehend the legal implications of reaffirming your mortgage. Reaffirmation holds you responsible for the debt, meaning that if you default in the future, the lender can pursue collection actions, including foreclosure. It’s essential to evaluate your financial situation and consult with professionals before proceeding with reaffirmation.

Steps to Reaffirm Your Mortgage

To reaffirm your mortgage successfully, follow these step-by-step instructions:

Step 1: Gather necessary documents and information

Collect all relevant documents pertaining to your mortgage, including the original loan agreement, bankruptcy paperwork, and any correspondence with your lender.

Step 2: Consult with your mortgage lender or attorney

Seek guidance from your mortgage lender or consult with an experienced attorney specializing in bankruptcy and real estate law. They can provide valuable insights and help you determine if reaffirmation is the best course of action for your specific situation.

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Step 3: Review and complete the reaffirmation agreement

If you decide to move forward with reaffirmation, your lender will provide a reaffirmation agreement. Carefully review the agreement, ensuring you understand all terms and obligations. It’s crucial to consider your ability to continue making mortgage payments before signing.

Step 4: File the reaffirmation agreement with the court (if required)

In some cases, the reaffirmation agreement must be filed with the court for approval. Follow the necessary procedures and ensure all required documents are submitted within the specified timeframe.

Step 5: Attend the reaffirmation hearing (if applicable)

If the court requires a reaffirmation hearing, attend the scheduled session. Be prepared to provide any additional information or answer questions related to your reaffirmation agreement.

Step 6: Receive confirmation of mortgage reaffirmation

Once the reaffirmation agreement is approved, you’ll receive confirmation from your lender and the court. Keep copies of all documents for your records.

Benefits and Risks of Reaffirming a Mortgage

Reaffirming your mortgage after bankruptcy comes with both benefits and risks. Consider the following aspects before making a decision:


  • Maintaining homeownership: Reaffirming your mortgage allows you to keep your home, providing stability for you and your family.
  • Credit score improvement: Consistently making mortgage payments post-bankruptcy can contribute to rebuilding your credit score over time.


  • Remaining liable for the debt: By reaffirming your mortgage, you remain responsible for the full debt amount. If you face financial challenges in the future, you may be at risk of losing your home.
  • Limited negotiation options: Reaffirmation agreements typically maintain the original loan terms, limiting your ability to negotiate new or more favorable terms.
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Frequently Asked Questions (FAQ)

Can I reaffirm my mortgage after bankruptcy discharge?

Yes, it is possible to reaffirm your mortgage after bankruptcy discharge. However, it’s essential to consult with an attorney or your lender to determine the specific requirements and feasibility.

What happens if I don’t reaffirm my mortgage?

If you choose not to reaffirm your mortgage, you can continue living in your home as long as you make regular mortgage payments. However, in the event of default, the lender can proceed with foreclosure.

Can I negotiate new terms during the reaffirmation process?

Reaffirmation agreements typically maintain the original loan terms. Negotiating new terms may not be possible, but it’s worth discussing with your lender to explore potential options.

Does reaffirming a mortgage affect my credit score?

Reaffirming your mortgage and making timely payments can positively impact your credit score over time. It demonstrates your commitment to fulfilling your financial obligations.


Knowing how to reaffirm your mortgage is crucial for homeowners who have gone through bankruptcy and wish to keep their homes. By understanding the process and carefully considering the benefits and risks, you can make informed decisions that align with your financial goals. Consult with professionals, evaluate your financial situation, and take the necessary steps to reaffirm your mortgage if it’s the right choice for you. Remember, it’s essential to prioritize your financial stability and protect your valuable asset.

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