In re Riggs
United States Bankruptcy Court for the Western District of Missouri
2006 WL 2990218 (2006)
- Written by Abby Roughton, JD
Facts
Rebecca Ann Riggs (debtor) filed for Chapter 7 bankruptcy. Riggs owned a 1993 Ford Explorer on which Super Cars, Inc. held a lien. Riggs indicated that she intended to reaffirm her debt to Super Cars. Riggs signed and submitted for the bankruptcy court’s approval a reaffirmation agreement for a debt of $4,822.69 with an annual interest rate of 18.9 percent. Part C of the reaffirmation agreement allowed Riggs’s attorney to swear that Riggs was fully informed and advised of the consequences of reaffirming the debt, that Riggs entered the agreement voluntarily, and that the agreement did not impose an undue hardship on Riggs. However, Riggs’s attorney did not sign Part C. Because the attorney had not signed, the bankruptcy court was required to analyze the agreement and its potential consequences before the court could approve the agreement.
Rule of Law
Issue
Holding and Reasoning (Federman, J.)
What to do next…
Here's why 811,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 46,300 briefs, keyed to 988 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.