I need to refinance to stop a forecloser after a bankrupcty. Is there any way I can do this because the soon to be X is fighting everything and won't sign papers to refinance.
2007-03-20 13:32:10 · 2 answers · asked by M L 2 in Business & Finance ➔ Credit
The short answer to your question is - yes, it may be possible.
The long answer is - depending on the circumstances of your bankruptcy and where you are in foreclosure proceedings, it could be very difficult and complicated.
There are several factors that affect your ability to refinance such as your income and assets, credit history, the value of your home, the amount you currently owe on your mortgage, and foreclosure proceedings.
I recommend getting in touch with a mortgage company to discuss any possible options you may have.
Hope this helps.
2007-03-21 10:30:17 · answer #1 · answered by Quicken Loans 5 · 0⤊ 0⤋
If you are willing to refinance in your name ONLY, you don't need your wife to sign the new loan and the old company doesn't care who pays them off. If you are facing foreclosure and divorce, finding a new loan may not be possible.
2007-03-20 13:49:48 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋