Case 16-34294-KRH Doc 36 Filed 03/18/20 Entered 03/18/20 13:19:42 Desc Main
Document Page 5 of 10

B2400A/B ALT (Form 2400A/B ALT) (12/15) 3
$ @ %:
$ @ %:
$ @ %.

c. Ifthe underlying debt transaction was disclosed as a variable rate transaction on the
most recent disclosure given under the Truth in Lending Act:

The interest rate on your loan may be a variable interest rate which changes from
time to time, so that the annual percentage rate disclosed here may be higher or
lower.

d. Ifthe reaffirmed debt is secured by a security interest or lien, which has not been
waived or determined to be void by a final order of the court, the following items or types of
items of the debtor’s goods or property remain subject to such security interest or lien in
connection with the debt or debts being reaffirmed in the reaffirmation agreement described in
Part B.

Item or Type of Item Original Purchase Price or Original Amount of Loan
2012 CHEVROLET IMPALA $9,411.59

Vin: 2G1WA5E31C1287132

Qptional---At the election of the creditor, a repayment schedule using one or a combination of
the following may be provided:

R it Schedule:

Your first payment in the amount of $_ 230.30 is due on 3/15/2020 (date), but the future
payment amount may be different. Consult your reaffirmation agreement or credit agreement, as
applicable.

—Or—
Your payment schedule will be: (number) payments in the amount of $
each, payable (monthly, annually, weekly, etc.) on the (day) of each

( week, month, etc.), unless altered later by mutual agreement in writing.
— Or—

A reasonably specific description of the debtor’s repayment obligations to the extent known by
the creditor or creditor’s representative.

2. INSTRUCTIONS AND NOTICE TO DEBTOR


Case 16-34294-KRH Doc 36 Filed 03/18/20 Entered 03/18/20 13:19:42 Desc Main
Document Page 10 of 10

B2400A/B ALT (Form 2400A/B ALT) (12/15) 8
PART D: DEBTOR’S STATEMENT IN SUPPORT OF REAFFIRMATION AGREEMENT

[Read and complete sections 1 and 2, OR, if the creditor is a Credit Union and
the debtor is represented by an attorney, read section 3. Sign the appropriate
signature line(s) and date your signature. If you complete sections 1 and2
and your income less monthly expenses does not leave enough to make the
payments under this reaffirmation agreement, check the box at the top of page
1 indicating “Presumption of Undue Hardship.” Otherwise, check the box at
the top of page 1 indicating “No Presumption of Undue Hardship”’]

1. I believe this reaffirmation agreement will not impose an undue hardship on my
dependents or me. I can afford to make the payments on the reaffirmed debt because my
monthly income (take home pay plus any other income received) is $ 102.9 _. and my actual
current monthly expenses including monthly payments on post-bankruptcy debt and other
reaffirmation agreements total $|(9|1__. leaving $5841 to make the required payments
on this reaffirmed debt.

I understand that if my income less my monthly expenses does not leave enough to
make the payments, this reaffirmation agreement is presumed to be an undue hardship on me
and must be reviewed by the court. However, this presumption may be overcome if I explain
to the satisfaction of the court how I can afford to make the payments here: QO of

wrren* MoaMm Ws. income.

(Use an additional page if needed for a full explanation.)

2. I received a copy of the Reaffirmation Disclosure Statement in Part A anda

completed and signed reaffirmation agreement.
@|

sionea: CANN ul Ly

(Debtor)

(Joint Debtor, if any)
Date: qe [(-Zo
—Or—
[If the creditor is a Credit Union and the debtor is represented by an attorney]

3. I believe this reaffirmation agreement is in my financial interest. | can afford to
make the payments on the reaffirmed debt. I received a copy of the Reaffirmation Disclosure

Statement in Part A and a completed and signed reaffirmation agreement.

Signed:

(Debtor)

(Joint Debtor, if any)
Date:


Case 16-34294-KRH Doc 36 Filed 03/18/20 Entered 03/18/20 13:19:42 Desc Main
Document Page 7 of 10

B2400A/B ALT (Form 2400A/B ALT) (12/15) 5

YOUR RIGHT TO RESCIND (CANCEL) YOUR REAFFIRMATION AGREEMENT

You may rescind (cancel) your reaffirmation agreement at any time before the
bankruptcy court enters a discharge order, or before the expiration of the 60-day period that
begins on the date your reaffirmation agreement is filed with the court, whichever occurs later.
To rescind (cancel) your reaffirmation agreement, you must notify the creditor that your
reaffirmation agreement is rescinded (or canceled).

Frequently Asked Questions:

What are your obligations if you reaffirm the debt? A reaffirmed debt remains your

personal legal obligation. It is not discharged in your bankruptcy case. That means that if you
default on your reaffirmed debt after your bankruptcy case is over, your creditor may be able to
take your property or your wages. Otherwise, your obligations will be determined by the
reaffirmation agreement which may have changed the terms of the original agreement. For
example, if you are reaffirming an open end credit agreement, the creditor may be permitted by
that agreement or applicable law to change the terms of that agreement in the future under
certain conditions.

Are you required to enter into a reaffirmation agreement by any law? No, you are not

required to reaffirm a debt by any law. Only agree to reaffirm a debt if it is in your best interest.
Be sure you can afford the payments you agree to make.

What if your creditor has a security interest or lien? Your bankruptcy discharge does not

eliminate any lien on your property. A ‘‘lien’’ is often referred to as a security interest, deed of
trust, mortgage or security deed. Even if you do not reaffirm and your personal liability on the
debt is discharged, because of the lien your creditor may still have the right to take the property
securing the lien if you do not pay the debt or default on it. If the lien is on an item of personal
property that is exempt under your State’s law or that the trustee has abandoned, you may be
able to redeem the item rather than reaffirm the debt. To redeem, you must make a single
payment to the creditor equal to the amount of the allowed secured claim, as agreed by the
parties or determined by the court.

NOTE: When this disclosure refers to what a creditor ‘‘may’’ do, it does not use
the word “may’”’ to give the creditor specific permission. The word ‘‘may”’ is
used to tell you what might occur if the law permits the creditor to take the action.
If you have questions about your reaffirming a debt or what the law requires,
consult with the attorney who helped you negotiate this agreement reaffirming a
debt. If you don’t have an attorney helping you, the judge will explain the effect
of your reaffirming a debt when the hearing on the reaffirmation agreement is
held.


Case 16-34294-KRH Doc 36 Filed 03/18/20 Entered 03/18/20 13:19:42 Desc Main
Document Page 6 of 10

B2400A/B ALT (Form 2400A/B ALT) (12/15) 4

Reaffirming a debt is a serious financial decision. The law requires you to take certain
steps to make sure the decision is in your best interest. If these steps are not completed, the
reaffirmation agreement is not effective, even though you have signed it.

1. Read the disclosures in this Part A carefully. Consider the decision to reaffirm
carefully. Then, if you want to reaffirm, sign the reaffirmation agreement in Part B (or you may
use a separate agreement you and your creditor agree on).

2. Complete and sign Part D and be sure you can afford to make the payments you are
agreeing to make and have received a copy of the disclosure statement and a completed and
signed reaffirmation agreement.

3. If you were represented by an attorney during the negotiation of your reaffirmation
agreement, the attorney must have signed the certification in Part C.

4. If you were not represented by an attorney during the negotiation of your reaffirmation
agreement, you must have completed and signed Part E.

5. The original of this disclosure must be filed with the court by you or your creditor. Ifa
separate reaffirmation agreement (other than the one in Part B) has been signed, it must be
attached.

6. Ifthe creditor is not a Credit Union and you were represented by an attorney during
the negotiation of your reaffirmation agreement, your reaffirmation agreement becomes effective
upon filing with the court unless the reaffirmation is presumed to be an undue hardship as
explained in Part D. Ifthe creditor is a Credit Union and you were represented by an attorney
during the negotiation of your reaffirmation agreement, your reaffirmation agreement becomes
effective upon filing with the court.

7. If you were not represented by an attorney during the negotiation of your reaffirmation
agreement, it will not be effective unless the court approves it. The court will notify you and the
creditor of the hearing on your reaffirmation agreement. You must attend this hearing in
bankruptcy court where the judge will review your reaffirmation agreement. The bankruptcy
court must approve your reaffirmation agreement as consistent with your best interests, except
that no court approval is required if your reaffirmation agreement is for a consumer debt secured
by a mortgage, deed of trust, security deed, or other lien on your real property, like your home.


Case 16-34294-KRH Doc 36 Filed 03/18/20 Entered 03/18/20 13:19:42 Desc Main
Document Page 9 of 10

B2400A/B ALT (Form 2400A/B ALT) (12/15) 7

PART C: CERTIFICATION BY DEBTOR’S ATTORNEY (IF ANY).

[To be filed only if the attorney represented the debtor during the course of negotiating
this agreement. ]

Thereby certify that (1) this agreement represents a fully informed and voluntary
agreement by the debtor; (2) this agreement does not impose an undue hardship on the debtor or
any dependent of the debtor: and (3) I have fully advised the debtor of the legal effect and
consequences of this agreement and any default under this agreement.

WA Check box, if applicable and the creditor is not a Credit Union.] A presumption of

undue hardship has been established with respect to this agreement. In my opinion, however, the
debtor is able to make the required payment.

Printed Name of Debtor’s Attorney:

Signature of Debtor’s Attorney:

ia se
/

/

Date:



Fill in this intormation to identity your case:

of 10

ered 03/18/20 13:19:42 Desc Main

Gerris Deon Medley

FirstName

Debtor 1
2

Tidaie Name TastNamne

Debtor 2
(Spouse, if filing) FirstName

Middle Name Tast Name

United States Bankruptcy Court for the: Eastern District of Virginia

3:2016bk34294

Case number
(if known)

Official Form 427
Cover Sheet for Reaffirmation Agreement

12/15

Anyone who is a party to a reaffirmation agreement may fill out and file this form. Fill it out completely, attach it to the reaffirmation agreement,

and file the documents within the time set under Bankruptcy Rule 4008.

| Part 4: | Explain the Repayment Terms of the Reaffirmation Agreement

1. Who is the creditor? C &F Finance Company

Name of the creditor

2. How much is the debt? Oy the date that the bankruptcy case is filed $.

To be paid under the reaffirmation agreement S,

$_230.30 per month for_30 _ months (if fixed interest rate)

3. What is the Annual
Percentage Rate (APR)
of interest? (See
Bankruptcy Code

§ 524(k)(3)(E).)

Before the bankruptcy case was filed

Under the reaffirmation agreement

4. Does collateral secure

the debt? Q1No

Yes. Describe the collateral.

6,159.35
5,732.53

19.00 %

14.99 % WW Fixed rate

2012 Chevrolet Impala

Da

OQ Adjustable rate

Current market value $.

5. Does the creditor assert
that the debt is
nondischargeable?

No

6. Using information from
Schedule I: Your Income
(Official Form 1061) and
Schedule J: Your
Expenses (Official Form
1064), fill in the amounts.

Income and expenses reported on Schedules | and J

6a. Combined monthly income from
line 12 of Schedule |

6b. Monthly expenses from line 22c of, g |WvI “T  ét. Monthly expenses
Schedule J ——

6c. Monthly payments on all -—$ &) 6g. Monthly payments on all
reaffirmed debts not listed on — reaffirmed debts not included in
Schedule J monthly expenses

6d. Scheduled net monthly income $ ( 538) 6h. Present net monthly income

Subtract lines 6b and 6c from 6a.

If the total is less than 0, put the
number in brackets.

Official Form 427

6,675.00

Q Yes. Attach an explanation of the nature of the debt and the basis for contending that the debt is nondischargeable.

Income and expenses stated on the reaffirmation agreement

s 1029 ee.

Cover Sheet for Reaffirmation Agreement

s1O24_|

_s wit |
O |

Monthly income from all sources
after payroll deductions

= §

£523) |
Subtract lines 6f and 6g from 6e.

If the total is less than 0, put the |
number in brackets |


Case 16-34294-KRH Doc 36 Filed 03/18/20 Entered 03/18/20 13:19:42 Desc Main

Document

B2400A/B ALT (Form 2400A/B ALT) (12/15)

PART B: REAFFIRMATION AGREEMENT.

Page 8 of 10

I (we) agree to reaffirm the debts arising under the credit agreement described below.

1. Brief description of credit agreement:

Principal balance of $5,732.53 @ 14.99% payable over 30 months; $230.30 a month

beginning 03/14/2020.

2. Description of any changes to the credit agreement made as part of this reaffirmation
agreement: Monthly payment reduced to $230.30 from $262.65. Interest reduced to 14.99% from 19.00%.

SIGNATURE(S):

Borrower:

Curis Dou Mupl ty ;
4

(rin Name)

Cond fou

(Signature)

Date: 4: ve ae,

Co-borrower, if also reaffirming these debts:

(Print Name)

(Signature)

Date:

Acce, creditor:

C&F Finance Company

(Printed Name of Creditor)
1313 E. Main Street, Suite 400

(Address of Creditor)
A Raw

(Signature)

Stacey Davis - Bankruptcy Specialist

(Printed Name and Title of Individual
Signing for Creditor)

Date of creditor acceptance:
03/18/2020


Case 16-34294-KRH Doc 36 Filed 03/18/20 Entered 03/18/20 13:19:42 Desc Main
Document Page 4 of 10

B2400A/B ALT (Form 2400A/B ALT) (12/15) 2

ANNUAL PERCENTAGE RATE

[The annual percentage rate can be disclosed in different ways, depending on the type of debt.]

a. Ifthe debt is an extension of “credit” under an “open end credit plan,” as those terms
are defined in § 103 of the Truth in Lending Act, such as a credit card, the creditor may disclose
the annual percentage rate shown in (i) below or, to the extent this rate is not readily available or
not applicable, the simple interest rate shown in (ii) below, or both.

(i) The Annual Percentage Rate disclosed, or that would have been disclosed, to
the debtor in the most recent periodic statement prior to entering into the
reaffirmation agreement described in Part B below or, if no such periodic
statement was given to the debtor during the prior six months, the annual
percentage rate as it would have been so disclosed at the time of the disclosure
statement: 14.99 %.

--- And/Or ---

(ii) The simple interest rate applicable to the amount reaffirmed as of the date
this disclosure statement is given to the debtor: %. If different
simple interest rates apply to different balances included in the amount
reaffirmed, the amount of each balance and the rate applicable to it are:

%;
%;

$
$
$ %,

[SISTS)

b. If the debt is an extension of credit other than under than an open end credit plan, the
creditor may disclose the annual percentage rate shown in (I) below, or, to the extent this rate is
not readily available or not applicable, the simple interest rate shown in (ii) below, or both.

(i) The Annual Percentage Rate under §128(a)(4) of the Truth in Lending Act, as
disclosed to the debtor in the most recent disclosure statement given to the debtor
prior to entering into the reaffirmation agreement with respect to the debt or, if no
such disclosure statement was given to the debtor, the annual percentage rate as it
would have been so disclosed: %.

--- And/Or ---

(ii) The simple interest rate applicable to the amount reaffirmed as of the date
this disclosure statement is given to the debtor: %. If different
simple interest rates apply to different balances included in the amount
reaffirmed, the amount of each balance and the rate applicable to it are:


B2400A/B ALT (Form 2400A/B ALT) (12/15)

Case 16-34294-KRH Doc 36 Filed 03/18/20 Entered 03/18/20 13:19:42 Desc Main

Document Page 3 of 10

of Presumption of Undue Hardship

O No Presumption of Undue Hardship
(Check box as directed in Part D: Debtor’s Statement
in Support of Reaffirmation Agreement.)

UNITED STATES BANKRUPTCY COURT

Eastern District of Virginia
Inre Gerris Deon Medley . Case No._ 3:2016bk34294
Debtor Chapter__7

IRMATION AGREEMENT
[Indicate all documents included in this filing by checking each applicable box.]

¥ Part A: Disclosures, Instructions, and Part D: Debtor’s Statement in
Notice to Debtor (pages | - 5) Support of Reaffirmation Agreement
© Part B: Reaffirmation Agreement O Part E: Motion for Court Approval

Part C: Certification by Debtor’s Attorney

[Note: Complete Part E only if debtor was not represented by an attorney during
the course of negotiating this agreement. Note also: If you complete Part E, you must
prepare and file Form 2400C ALT - Order on Reaffirmation Agreement. ]

Name of Creditor:_C&F Finance Company

0 [Check this box if] Creditor is a Credit Union as defined in §19(b)(1)(a)(iv) of the
Federal Reserve Act

PART A: DISCLOSURE STATEMENT, INSTRUCTIONS AND NOTICE TO DEBTOR

1. DISCLOSURE STATEMENT

Before Agreeing to Reaffirm a Debt, Review These Important Disclosures:

SUMMARY OF REAFFIRMATION AGREEMENT

This Summary is made pursuant to the requirements of the Bankruptcy Code.

AMOUNT REAFFIRMED

The amount of debt you have agreed to reaffirm: $ 5,732.53

The amount of debt you have agreed to reaffirm includes all fees and costs (if any) that have

accrued as of the date of this disclosure. Your credit agreement may obligate you to pay additional
amounts which may come due after the date of this disclosure. Consult your credit agreement.


Case 16-34294-KRH Doc 36 Filed 03/18/20 Entered 03/18/20 13:19:42 Desc Main

Document Page 2 of 10
pebtor1  Gerris Deon Medley

Frat Name Tidale Name TastNamne

7. Are the income amounts 4 no

Case number irinown 3:2016DkK34294

<—,

on lines 6a and 6e QO Yes. Explain why they are different and complete line 10.
different?

8. Are the expense No
amounts on lines 6b Q Yes. Explain why they are different and complete line 10.

and 6f different?

9. Is the net monthly oy
income in line 6h less ‘es. A presumption of hardship arises (unless the creditor is a credit union).

than 0? Explain how the debtor will make monthly payments on the reaffirmed debt and pay other living expenses.

Complete line 10.

Qut of monthly sn cond,

10. Debtor's certification

about lines 7-9 | certify that each explanation on lines 7-9 is true and correct.

If all the answers on lines 7-9 Signature of Debtor |
are No, go to line 11

If any answer on lines 7-9 is \
Yes, the debtor must sign ¥ 1
vm x Cophadl! vy x

id an attorney represent

the reaffirmation ere
agreement? io
O-Yvés

Signature of Debtor 2 (Spouse Only in a Joint Case)

OQ No,
the debtor in negotiating Dre. Has the attorney executed a declaration or an affidavit to support the reaffirmation agreement?

| Whoever fills out this form | certify that the attached agreement is a true and correct copy of the reaffirmation agreement between the

must sign here. parties identified on this Cover Sheet for Reaffirmation Agreement.

e ARw:

Date

03/18/2020

Signature

Stacey Davis

Printed Name

Check one:

Q) Debtor or Debtor's Attorney
MW Creditor or Creditor’s Attorney

MM /DD/YYYY

Official Form 427 Cover Sheet for Reaffirmation Agreement

page 2