Posted on: 14th Jan, 2013 11:47 pm
in 2009 i filed a chapter 7 and it was discharged in april 2010. the first mortgagor reaffirmed their note, the second did not. i kept current on the first, but not the second due to being laid off. last year, i negotiated with the second and the lien is now released. however, as far as the second lien is concerned, my credit report says that it was discharged. i tried to get the 2nd to change the credit report to say paid in full but not as agreed. they told me they could not change anything related to bankruptcy on my cr. how will this affect my ability to refinance?
If the loan has been discharged in your bankruptcy filing and if that has been mentioned in your credit report, then I don't think you may face much difficulty in refinancing. It is true that no lender will change anything related to the bankruptcy on your CR.
Hi John,
I agree with what Niicss has said. But as far as getting a refinancing is concerned, you may have to wait for 4 years after the bankruptcy discharge to get qualified for one.
Thanks
I agree with what Niicss has said. But as far as getting a refinancing is concerned, you may have to wait for 4 years after the bankruptcy discharge to get qualified for one.
Thanks