The business keeping the lien would not re classify it as an Installment financial obligation, it remained a home loan.

The business keeping the lien would not re classify it as an Installment financial obligation, it remained a home loan.

(we had answered prior to, nonetheless it failed to appear to upload if it can later on, forgive any replication) exactly why is here an illogical dual standard in terms of reporting towards the credit agencies after BK?

If the BK is last, the mortgage is settled, beside me, the bankrupt individual owing absolutely nothing. This is certainly, i suppose, the reason why, if the financial obligation is certainly not reaffirmed, it generally does not find yourself regarding the credit file. Continue reading “The business keeping the lien would not re classify it as an Installment financial obligation, it remained a home loan.”