By James F. Molleur, Esq., Molleur Law Office, Biddeford, Maine
(Republished with permission. Originally published at the Thirty-Ninth Annual Southeastern Bankruptcy Law Institute, March 21, 2013, Atlanta, Georgia)
Section 521(a)(2) Statement of Intention
To begin at the beginning, Section 521(a)(2) defines a debtor’s rights and obligations regarding secured debts upon filing a Chapter 7 bankruptcy petition. Section 521(a)(2) reads as follows:
(a) The debtor shall—
(2) if an individual debtor . . .
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