Bankruptcy from abroad

Anonymous · ‎01-14-2013

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?

chasmith · ‎01-15-2013

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
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Anonymous · ‎01-15-2013

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.