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She needs to at least keep up the payments. By doing this, she can keep the house, but her credit will be trashed because of your Bk. on the loan. Better yet, would be to get it re-financed in her name or do something to get your name off of the loan. Art -
Art thanks for the response.
I have thought about the effect on her credit and I am thinking about signing a reaffirmation agreement.
This would keep the account in good standing and her credit unaffected, right?
I know that I would still be liable for the account, but is not like she is going to stop paying it (50% paid already) and the reporting would help my credit rebuilding efforts... ?
I can submit a reaffirmation agreement 30 days after the 341 meeting, correct?Comment
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Mortgage payments during a ch7.
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