Profile picture for aaag

If you recently filed bankruptcy, would you be able to purchase a house or refinance?

I recently had to file bankrupty due to a spouses's mishandling of money. I did not have anything to do with the debt but my credit is now probably in the 500-600 due to the filing of bankruptcy. I have always remained current on my 1st and 2nd mortgages. I have been a buyer twice on homes with good payment history of them over a 10 year period. If I receive a discharge in a ch.7 and have no car note or any other loans, am I able to refinance my first and second together or buy a new home once I sold mine if I have a co-signer with good credit? What is the best option for me now?
  • March 09 2009 - Baton Rouge
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Answers (3)

Best Answer

Profile picture for sunnyview
I would ask the mortgage forum here. They could tell you what your options are.
  • March 09 2009
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Profile picture for Lady Chattel
Dump the spouse?  Rent, rebuild?
  • March 09 2009
  • 0Yes

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Profile picture for SlickPoetry
your best option is probably renting right now.
  • March 09 2009
  • 0Yes

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