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refinancing home while in bk7

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    refinancing home while in bk7

    good morning all, i was wondering if anyone knew of a finance company in sc that will refinance your mortgage while you are in a bk or do you have to wiat until you are discharged. thanks for all inputs!!

    #2
    You have to wait until discharge. You cannot take out any new credit while your bankruptcy is pending.

    Also, good luck getting a refi even after bankruptcy, you generally should wait 1-2 years. Any refi you would get immediately out of bankruptcy would be such a horrible deal, that it wouldn't be worth it.

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      #3
      thanks hhm, i agree it would not be good. i think i will wait on even attempting that for a couple of years. well my 341 meeting is scheduled for the end of august... i can not wait to get through all this mess and start my life off to a much better start credit wise!!!

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