mortgage after chapter 7 discharge

I filed a Chapter 7 bankruptcy that was discharged in 2009. I was paying my second mortgage loan to the bank for four years without a reaffirmation agreement. I never missed a payment during that time.

Are you eligible for chapter 7 bankruptcy? You may want to convert your Chapter 13 case to a Chapter 7 bankruptcy. Many states allow the mortgage lender to come after the homeowner. 13 bankruptcy.

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Like all lienholders on property titles, second mortgage. is only possible in Chapter 13. Chapter 7 liquidation and.

Chapter 7 already discharged – mortgage not reaffirmed – foreclosure/credit score question I am looking for some direction on the following scenario: 1. We are 2 years past our Chapter 7 discharge and mortgage was included in discharge NO REAFFIRMATION.

Dear Bankruptcy Adviser, I filed a Chapter 7 bankruptcy that was discharged in 2009. I was paying my second mortgage loan to the bank for 4 years without a reaffirmation agreement.

refinance mortgages with bad credit Your credit score is an important factor lenders consider when determining whether and how to work with you on a refinance, and bad credit could put you at a disadvantage compared with other borrowers.

Can a Foreclosure Happen After Bankruptcy Discharged the debt?. chapter 7 bankruptcy typically wipes out unsecured debt, any debt that is not a loan against a tangible asset, as in a car or house. In general, however, you still have to deal with secured debt as a part of a Chapter 7.

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You are right that the second mortgage lender cannot sue you. Because you received a discharge in your Chapter 7 bankruptcy and you did not reaffirm the loan, the lender no longer has the right to.

There are no exceptions permitted to the two-year waiting period after a Chapter 13 discharge. multiple bankruptcy filings For a borrower with more than one bankruptcy filing within the past seven years, a five-year waiting period is required, measured from the most recent dismissal or discharge date.

. two basic options regarding your mortgage in a Chapter 7 bankruptcy, according to "The Glannon Guide to Bankruptcy." If you determine you will not have the finances available to pay the mortgage,

Home Buyers can qualify for home loans after bankruptcy if they meet mortgage guidelines after Chapter 7 Bankruptcy. Under Mortgage Guidelines After Chapter 7 Bankruptcy, there are mandatory waiting period requirements after discharged date to qualify for government and/or conventional loans