Undischarged bankruptcy

I thought I was discharged from my bankruptcy which I filed for in 2000. I am now finding out I am undischarged. I currently have a car loan. What happens to my car and how do I get discharged? I was finally able to get my paper work and the last court document says, It is ordered that the application for the discharge of the bankrupt be and is herby adjorned Sine Die; What does that mean?

One Response to “Undischarged bankruptcy”

A licensed trustee said...

There is no law prohibiting you from applying for a mortgage (or other credit) during your bankruptcy – you are simply required to disclose that you remain an undischarged bankrupt.

That being said, it is highly unlikely any reputable lender will approve you for a loan (or mortgage) on your own during your bankruptcy. If you have a qualified co-borrower or co-signer it may be possible, but they will get a lower interest rate if you are not included on the application.