In Re Ollie

MEMORANDUM OPINION ON CREDITOR’S MOTION TO RESCIND REAFFIRMATION AGREEMENT

WILLIAM HOUSTON BROWN, Bankruptcy Judge.

Pending before the Court is the motion of Associates Financial (“Associates”) to rescind a reaffirmation agreement. At issue is whether a unilateral mistake made by that creditor will allow the creditor to rescind the agreement. This is a core proceeding pursuant to 28 U.S.C. § 157(b)(2)(A) and (O). Based on the analysis below, the creditor’s motion will be denied and the reaffirmation agreement will remain binding on the parties. The following constitutes findings of fact and…