I was discharged after being made bankrupt in july 2008 but there are debts still showing in my credit report. I thought my debts would be cleared after being discharged. Do I need to contact the lenders to notify them that I was made bankrupt? Can I apply for a mortgage now, 3 years after being discharged? Many thanks
The debts will show for 6 years from the date of default which should be no later than the date of your bankruptcy. If there are default dates later than that then you need to write to the creditors.
The bankruptcy will stay on your file for 6 years from the date of your bankruptcy.
I doubt you will get a mortgage until that time, but if you have a large deposit, then all you can do it try.
Big Al Insolvency examiner with the Insolvency service from April 2008 - July 2010.
If you need help completing SOA's(statement of affairs) or PIQ's(preliminary information questionnaire) if you've been declared bankrupt, or anything else and you're within 30 miles or so of Warrington, then please contact me via my contact details in the expert page for futher details"
in current market mortgages are virtually illegal !
but yes with the right contacts you can get a mortgage but expect to put down a large deposit or have a partner who has reasonable or good credit rating
Can I apply for a mortgage 3 years after discharge ?
Posted - 11 August 2011 : 23:27:03
