Legal Question in Bankruptcy in United States

can you refinance a mortgage loan and can you get your deed if you do NOT sign a reaffirmation on loan after it was discharged?


Asked on 10/13/10, 3:42 pm

2 Answers from Attorneys

Caroline Palmer Law firm of Caroline Palmer

No. If you didn't reaffirm the loan, you'll get to use your homestead exemption (assuming you filed for chapter 7) but the house will be sold and anything that isn't a part of your homestead exemption will be used to repay your creditors.

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Answered on 10/18/10, 3:53 pm
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Caroline's answer is partially incorrect. I'd need more details to tell you your options.

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Answered on 10/18/10, 5:31 pm


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