Reply
New Visitor
DJPJ
Posts: 2
Registered: ‎01-14-2013
0

Bankruptcy from abroad

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?

Valued Contributor
chasmith
Posts: 1,062
Registered: ‎05-26-2010
0

Re: Bankruptcy from abroad

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
Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Current Score: 11/06/2013 EQ 708 11/06/2013 EX 702 11/16/2013 702 11/06/2013 TU 729
Goal Score: EQ 740 EX 740 TU 740
Take the FICO Fitness Challenge
New Visitor
DJPJ
Posts: 2
Registered: ‎01-14-2013
0

Re: Bankruptcy from abroad

[ Edited ]

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.


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}