02-11-2013 01:01 PM
I live in GA and file chapter 7 bankruptcy and was discharged. At the time I wanted to keep my home and asked for it to be reaffirm. This year I was looking to refinance my loan and was asked if my home was reaffirmed. When I check with the lawyer that handle my case, I was told that the court sent out letters to the mortgage company but I was not send anything to reaffirm my home loan with the mortgage company.
My question is this, if the mortgage company never reaffirmed my loan with them, can I walk away and get another home without them coming after me
02-12-2013 08:01 PM
You have to look at your papers to see if the mortgage was discharged or not.
02-13-2013 06:58 AM
I believe it was also have to go through the forclosure process which would show up on your your report. You obviously can have it removed but make sure it was discharged. Also, everywhere I have checked it is 2 years for a new mortgage after discharge on Ch7 even if you have reaffirmed.
02-14-2013 10:12 AM
Yes you are correct, it has to be two years and I am almost at that point.
I just want to make sure that once I go and get another home the mortgage company wont try and come after me since they never sent me any paperwork to sign saying i am reaffirming my mortgage with them.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.