Posted on: 08th Jul, 2010 03:08 pm
bankruptcy discharge in mar07 did not reaffrim 1st mort but did the 2nd have not been late on a payment to date. It was a balloon loan that is now due in full (1st) the bank will not refi us because it has not been 48 mos since discharge. unsure what to do we want to keep house
What state are you in? There may be options for you.
indiana
hi ban!
welcome to forums!
you've mentioned that you did not reaffirm your first loan while you were in bankruptcy. thus, you're not personally liable for the first loan. in such a situation, i don't think the lender will refinance the loan.
feel free to ask if you've further queries.
sussane
welcome to forums!
you've mentioned that you did not reaffirm your first loan while you were in bankruptcy. thus, you're not personally liable for the first loan. in such a situation, i don't think the lender will refinance the loan.
feel free to ask if you've further queries.
sussane