Bankruptcy

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DJPJ
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DJPJ
Posts: 2
Registered: ‎01-14-2013

Bankruptcy from abroad

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‎01-14-2013 02:05 PM

My husband filed bankruptcy in the UK in 2010 while he was still single and living there.  Since then he has moved here and we've gotten married.  Does he need to disclose that on a mortgage or any other credit application?

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chasmith
Posts: 1,018
Registered: ‎05-26-2010

Re: Bankruptcy from abroad

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‎01-15-2013 04:56 AM

Making a false statement on  an application for credit can be a serious matter, if they ask "have you ever..." he probably must answer honestly.

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012 Gardening since 10/6/2012

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DJPJ
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DJPJ
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Registered: ‎01-14-2013

Re: Bankruptcy from abroad

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‎01-15-2013 05:12 AM - edited ‎01-15-2013 05:14 AM

That's kind of what I was thinking, really.  We were trying to decide whether to just do the mortgage in my name or to add his.  I have a decent FICO score and have no negatives.  More or less I'm cocerned about debt to income ratio.  So we thought adding his income in might be a good idea, but if I can go it alone on the mortgage that might be the better option.

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