Hi guys I was made bankcrupt in feb 2009. I'm in the process of buying a house and already spent money on searches valuation paying the financial advisor etc, however a day before exchange the underwriter has found three accounts one wi O2 one with HSBC and one with lloyds still showing as a defaul on my account after the bankcruptcy, all accounts were paid up to date right up and till I was made bankcrupt.
The banks now saying they won't do the mortgage now until these are cleared up.
I've spoken to credit expert today and they have said all I can do is right to them with a copy of my discharge and they will look at it in 28 then write to the companies for their response,
I asked them if they could mark a note on these entry's but they said I also need to put that in writing which would take 28 days.
My problem is I'm going to loose the house I want along with all the money I ave paid out now due to all this wrong information. Ive been cleaning up my file for 3 years and my credit score is gret. These entry's never showed up previously as there was a spelling mistake in the address in which they were registered.
Hope someone can advise if there is anything I can do as I'm distraught
Your bankruptcy shows for 6 years after it began so won't come off until Feb 2015 so it will be a struggle to get a mortgage. Likewise defaults can stay for 6 years although they have to be marked as settled as they've been dealt with via bankruptcy.
Is the mortgage a joint one - if so could it just be in the other person'a name?
Does the mortgage company know you were made bankrupt because if they do then they know that these defaults are covered so it shouldn't really make any difference to them lending you the money?
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Posted - 07 March 2012 : 11:41:45
