👉 In legal terms, a disaffirmation is a situation where an individual or entity no longer has the intent to make a payment for goods or services. It refers to an agreement that has been terminated due to the failure of one party to fulfill their obligations under the contract. Disaffirmation can occur in several different ways: 1. The party who made the original contract is no longer bound by it and therefore ceases to be obligated to fulfill its terms. 2. If the other party
