Rule 4008-1 REAFFIRMATION

(a) Reaffirmation hearings may be conducted by the Court upon the request of counsel, for the benefit of all pro se debtors entering into such agreements, or if the agreement is filed after a discharge has been granted.

(b) Reaffirmation agreements shall contain the following information:

(1) Amount the debtor is reaffirming;

(2) Collateral, if any, and if there is no collateral, the agreement shall so state;

(3) The terms of the Reaffirmation agreement, i.e., number of payments, interest rate, etc.;

(4) Monthly payment;

(5) Declaration by the attorney, if debtor is represented by an attorney, stating that the reaffirmation agreement does not impose an undue economic hardship upon the debtor;

(6) The agreement shall contain a clear and conspicuous statement which advises the debtor that the agreement may be rescinded at any time prior to discharge or within sixty days after such agreement is filed with the court, whichever is later, by giving notice of rescission to the holder of the claim;

(7) The agreement shall contain a clear and conspicuous statement which advises the debtor that such agreement is not required;

(8) A statement that the attorney has advised the debtor of the legal effect and consequences of the reaffirmation agreement and any default under the agreement; and

(9) Creditor's address.