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Refinance

Posted on: 02nd Dec, 2013 06:35 am
Can the bank put a deed of leiun pending forecloser on my home after filing chapter 7 without notifing me?Still receiving mortage statement every month since 2008 never behind my on payments but still cant` refinance why?
Hi Ronnie!

Welcome to the forums!

I guess you haven't reaffirmed the loan while it was in bankruptcy. As a result, the lender will not allow you to refinance the mortgage. The property may be sold off in an auction.

Feel free to ask if you've further queries.

Sussane
Posted on: 02nd Dec, 2013 07:55 pm
Welcome Ronnie,

Yes, it is true that unless you reaffirm the loan, it will not be possible for you to get a refinance. If you want to reaffirm your loan now, then you will have to reopen your bankruptcy filing.
Posted on: 03rd Dec, 2013 08:50 pm
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