mortgages and bankruptcy
May 25th, 2007 by Questions
We are a family of 6 and sold farm to get out of debt and now can’t get mortgage due to a file of personal bankruptcy at the same time. and now desperate for a home to safely raise kids in. I want to know why can’t a person be able to apply for a mortgage (within tight means),while bankrupt? A person always needs shelter and security. I feel a mortgage is considerably diiferent than a loan, am I wrong? or maybe there’s something I don’t understand!