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Does an old bankruptcy matter more than a recent one?

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(@jamesp55)
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It’s tedious, but yeah, pretty much the norm now.

It’s wild how thorough lenders get. I had a client who thought she was in the clear because her bankruptcy was over a decade ago, but then the underwriter dug up an old utility bill that had gone to collections—she barely remembered it. I get why they do it, but sometimes it feels like they’re looking for reasons to say no. Out of curiosity, have you noticed if certain lenders are stricter than others, or is it just across the board now?


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