Refinancing HELOC after bankruptcy

[rockobuster]

What is the name of your state? OR

We filed chapter 7 bankrupcy in April 2005 and were discharged in July 2005. We have a Home Equity Line of Credit at a variable interest rate, which is currently at 9.75%. Our mortagage company will not refinance it because of the bankruptcy, and I was wondering if there are any lenders that would refinance it at a fixed interest rate, or should we wait and try in another year?

Has anyone experienced this?

 

[cedric]

You are not going to get any kind of a better rate**************depending on scores your only option may be to roll the first and second together but not knowing your loan amounts etc......it's hard to say if that will give you any net tangible benefit or not.

 

[pojo2]

You need a GOOD broker. There MAY be many options available to you that banks simply can not do. Find one and go over all the options and then decide if it is worth it.