01-16-2013 06:14 AM
I know most say do not reaffirm, but each situation is different and I'd like some advice on mine.
I filed chapter 7 in 7/2009. It was mainly for credit cards. I did not reaffirm my mortgage which started in 4/2008. I've never missed a payment or been late. I never plan to either...knock on wood. I may keep the house another 26 years or I may sell it next year. I'm not underwater (I estimate at least $20000 in equity) so I can't imagine ever walking away. I'd simply sell it if I couldn't afford the mortgage. I can't help but feeling I should reaffirm to have this positive item on my credit report 10 years down the road. According to Credit Karma my score is 690 right now. Thoughts?