Mortgage Credit Reporting After Bankruptcy

Payment-HistoryYou filed bankruptcy, your debts are discharged, your case is closed, and now it’s time to rebuild your credit. So, a few months after your bankruptcy closes, you check your credit report and notice that your mortgage company is not reporting your on-time payments to the credit bureaus. What’s the deal?

What Kind of Person Files Bankruptcy Anyway?

bankrupt-cartoon-man“This is the last place I ever expected to be,” says the client sitting across from me – I hear it almost every day. Another common remark is, “I am not the type of person who doesn’t pay their debts.”

I think comments like these are the result of the myth that only irresponsible people file bankruptcy.