Can I refinance my home while I’m in bankrupcty?

Asked on January 12, 2013 under Bankruptcy Law, Kansas


MD, Member, California Bar / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

Nothing can happen on this loan while in bankruptcy. There is an automatic stay and your lender/servicer cannot communicate with you; it is precluded from so doing. It can seek leave of court to dismiss the automatic stay for its loan, then it can begin discussions with you on refinancing but keep in mind that if you file bankruptcy the success of getting a refinance is pretty low.

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