Trenton, South Carolina. Trenton is a town in Edgefield County, South Carolina, United States. The population was 196 at the 2010 census, down from 226 in 2000. It is part of the Augusta, Georgia metropolitan area.
Wait at Least Two Years. Hereâs where you will need patience: You should wait at least 24 months after your bankruptcy is discharged to apply for a mortgage. You may be able to get a mortgage sooner but the terms, like interest rates, wonât be as attractive as they would be if you waited two years.
If you file for bankruptcy and discharge your debts under Chapter 7, all a mortgage company can do is foreclose and take back the property. Once they tell the property, the bank canât come back to you for a deficiency. Unfortunately, thatâs a double-edged sword. Credit Reporting Of Mortgages After Bankruptcy.If you file for Chapter 7 bankruptcy and discharge your mortgage obligations, the creditor can report only that the balance due is $0 and the debt was discharged in bankruptcy.f you file for bankruptcy and discharge your debts under Chapter 7, all a mortgage company can do is foreclose and take back the property. Once they tell the property, the bank canât come back to you for a deficiency. Unfortunately, thatâs a double-edged sword. Credit Reporting Of Mortgages After Bankruptcy.