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Oct
6

Should I worry that I used false information on my loan application now that I’m filing for bankruptcy?

Personal Finance

  
loan application
Carins U asked:

A couple of years ago, I bought a home and the I used filled out on the loan application. He said he was doing this to get me approved and get me a better rate since I didn’t have the documentation to satisfy the lender’s requirements. I signed the documents.

Well we ended up getting the loan but have since had some which will require us to file for Chapter 7 bankrupcty and now I’m worried about the of providing that during the application process.

Will that come back to bite me? Is this going to be an issue during the bankruptcy process? Will the Bankrupcy Trustee take a into this? Is there a potential for me to get into trouble for this? If there is, what kind of trouble?

Or will the not even notice or care?

Thanks in advance everybody.

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