[CLBS] Refinancing Home Loan & Reaffirmation Agreements

[Jon Wilson]

The lender for my client's residential loan will only agree to refinance
their loan if they reopen their closed chapter 7 bankruptcy and execute a
reaffirmation agreement.  Can a closed chapter 7 case be reopened for the
purpose of entering a reaffirmation agreement?  Can a lender (Bank) agree to
a refinance of a residential loan, but only if borrower enters a
reaffirmation agreement?

 

Thoughts, suggestions, etc.  Thanks.

 

Jon R. Wilson

Attorney at Law

 

Wilson Law Offices, P.C.

4614 W. Emerald St.

Boise, ID 83706

Tel. (208)343-8400

Fax (208)424-5006

Email:   <mailto:jon at boiselaw.org> jon at boiselaw.org

 

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