Originally Posted by
Gitangali
The banks which are also in the bussiness of providing mortgage for home etc, such as Chase, I wonder when they shut you down, whether they will decline you mortage or not? any DP?
The answer is yes, at least for Chase.
There have been DPs for decline on debt related items such as mortgages, although if you owe them money, they will keep those accounts open. If it is on a credit card account, one will not be able to add charges, but only pay off the amount due.