Creditor (credit card) sent me an unwanted reaffirmation agreement

[ihatearizona]

What is the name of your state?Arizona

I received in the mail yesterday a letter from an attorney representing a company that I had purchased a computer through stating that I had requested a reaffirmation agreement and that I was to sign it and return it to them.

I never requested a reaffirmation agreement (especially for a credit card!).

The agreement states that the debt is secured by computer equipment (no model number or serial numbers included). Do I need to be worried about this in any way or is this just an attempt for them to collect and get around the stay?

 

[AttorneyOney]

Secured creditors often seek to get debtors to agree to reaffirmation agreements. If you had an attorney, the letter would have gone to the attorney. It's merely a proposal to enter into negotiations with them. There's no requirement that you do so. Furthermore, the court would have to approve the agreement before it could take effect anyway. You need to make your own assessment of whether the agreement is in your best interests.

If you don't reaffirm or redeem, and if the debt really is secured somehow, the creditor would eventually be able to seek relief from the stay (requires a motion, a delay, and then a hearing) in order to repo the collateral.