Bankruptcy Basics: Right to Rescind Reaffirmation.
Debtors should be advised that a reaffirmation agreement may be canceled at any time before the entry of the discharge order, or sixty days after the agreement is filed with the court, whichever occurs later. 11 U.S.C. § 524(c)(4). No reason is required for canceling a reaffirmation agreement, but notice of the cancellation must be given to the creditor.