Contracts made in contemplation of bankruptcy are not covered in a bankruptcy.

Remember too, people die, get divorced, take bankruptcy, go to jail, if it hasn't happened yet, if you continue to make loans, something will get off track someday.

If they are carrying a bunch of debt on credit report or having a divorce bankruptcy could be in their future and it could get messy.You need to look at the profile like a potential lender and asses risk and ability to pay.

Let's see, could be a family house they're very emotional about, could hv filed bankruptcy and is working on a loan mod, could hv a settlement pending and getting some big cash payment soon.

...This varies, due to postponements, bankruptcy, short sale possibility, etc.Originally posted by K.

They just have not declared bankruptcy.

Are HOA liens stripped in bankruptcy?

Hello all, came across an article from last year regarding Fair Isaac finally giving estimates on how late payments, foreclosure, bankruptcy, etc. affect credit score.

She did say that she is in the middle of a bankruptcy.

A loan officer at Guaranteed Rate is BOTH a correspondent direct lender for 23+ banks AND also a broker for another 30 banks with niche offerings (i.e.. non-warrantable condos, bank statement loans, foreclosure or bankruptcy in last 1 year, foreign nationals with no US credit or US income, etc.)