The Bankruptcy Appellate Panel reversed an order of the bankruptcy court. The panel held that the bankruptcy court was not statutorily authorized to independently review a reaffirmation agreement that was negotiated between a represented debtor and a credit union pursuant to 11 U.S.C. §524.2.
Reggie Ong, through his attorney, petitioned for chapter 7 bankruptcy protection. Pursuant to 11 U.S.C. §521(a)(2)(A), Ong also stated his intention to retain a truck and to reaffirm the debt that he owed on it to Bay Federal Credit Union (BFCU). Subsequently, Ong filed a reaffirmation agreement with the BFCU that he had negotiated through his attorney and that fully complied with §§524.2 and 524(k).
