What to do about a closed bankruptcy and a mortgage that now needs to be re-affirmed?
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What to do about a closed bankruptcy and a mortgage that now needs to be re-affirmed?
I filed bankruptcy and it has been 3 years since my file was closed. I didn’t reaffirm my mortgage. Was told I can’t refinance unless I reaffirm. Can I try and negotiate a better interest rate with reaffirming my mortgage? If not how would I go about getting loan reaffirmed?
Asked on August 10, 2013 under Bankruptcy Law, Indiana
Answers:
eric redman / Redman Ludwig, P.C.
Answered 10 years ago | Contributor
to reaffirm you have to reopen the bankruptcy and file a reaffirmation agreement that has to be signed by the lender. some will do this, others will noit. also, some courts will allow this and some will not.
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