The Road Back to Great Credit: Course #6
If you have followed all of the proceeding tasks, all that is left is that you continue keeping your credit clean and you should see vast improvements with time. In this final lesson we tell you how to use your credit to get better rates.
Reaffirmations and Refusals to Refinance:
Many clients tell us that after they are done with their bankruptcy a home lender will require them to reaffirm their home loan before they will refinance or modify a home loan. California courts will actually not allow a debtor in the bankruptcy process to reaffirm a home loan. If your lender does try to get you to reopen your case and reaffirm the debt, you should contact the California Attorney General's office. The California Monitor is a program that ensures compliance with state and federal bankruptcy laws. To notify the Monitor of a problem such as the ones listed above, email Katherine Porter, the Californai Monitor at: firstname.lastname@example.org
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