The bankruptcy code does not require that you reaffirm, or sign an agreement to continue to be personally responsible for the payments on your mortgage. As long as you continue to pay the house notes they cannot foreclose. However, most mortgage companies will not report your payments to the credit bureaus if you did not sign a reaffirmation agreement. So it is important to know that it is still possible to get your payments included on your credit reports.
- Request a payment history from your mortgage company. (The mortgage company is required by law to provide one every year free of charge.)
- Send a letter to the three credit bureaus – TransUnion, Equifax, and Experian, and dispute the fact that your mortgage payments do not show up or that you have not paid your mortgage payments and attach a copy of the payment history you obtained from the mortgage company.
- The credit bureau is required to verify the accuracy of the debt with the mortgage company within 30 days.
- At that point, the mortgage company can do one of two things:
- they can keep quiet and the credit bureau is required to accept the information you provided and post the payments; or
- they can accurately report your payment information to the credit bureau.
- Repeat this process on a regular basis, to keep the information updated.
Also, you should keep a copy of the payment history for yourself since you can use it when you’re applying for new credit to prove that you have been making your payments on time.