A reaffirmation promise has to be made prior to the date of the discharge and gives the debtor the right to revoke his promise within 30 days after it becomes enforceable.This is the requirement of:

A) charitable subscriptions.
B) promises to pay debts barred by statutes of limitations.
C) promises to pay debts barred by bankruptcy discharge.
D) promissory estoppels.

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Khalil Al-Amin · Accepted Answer

Final Answer : C, Explanation :  The Bankruptcy Reform Act of 1978 requires that a reaffirmation promise be made prior to the date of the discharge and gives the debtor the right to revoke his promise within 30 days after it becomes enforceable.

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