Legal Question in Bankruptcy in Maryland
Refinancing after Chapter 13 Bankruptcy
Will any mortgage company refinance my loan after Chapter 13? My loan is an adjustable rate mortgage and I'm desperately in need of a 30-year fixed loan.
1 Answer from Attorneys
Re: Refinancing after Chapter 13 Bankruptcy
You should look around. However, what you may find is that anyone who will refinance you will want pretty high interest rates -- these rates may be as high or higher than the adjustable rates you are trying to avoid right now.
Lawrence R. Holzman, Esquire
Joseph, Greenwald & Laake, P.A.
6404 Ivy Lane, Suite 400
Greenbelt, MD 20770
(301) 220-2200
fax (301) 220-1214
Disclaimer: Please note that the posting of this response is not intended to constitute legal advice. You should contact an attorney to obtain information applicable to your situation. This posting is not confidential or privileged and does not create an attorney/client relationship.
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