Before a home buyer can use a VA loan after a foreclosure, they’ll have to wait two years. If the foreclosure was the result of a bankruptcy, the wait time could be different. Chapter 13 bankruptcies only require a one-year wait while Chapter 7 bankruptcies require a two-year wait. If...
bankruptcy laws allow you to get a second debt discharge after a certain period of time has passed, depending on your specific situation of course and how you managed it the first time around. However, the best way to find out if you can file for bankruptcy one more...
Chapter 7 bankruptcyisn’t great for your credit score and will appear as a public record for 10 years after filing. However, most consumers who file for bankruptcy have already had their credit damaged by
Under current law, affiliated creditors holding debt arising from the same loan transaction will not likely be lumped together when determining the number of creditors that have voted to approve or reject a plan, particularly where such affiliates held such debt prior to a bankruptcy filing and ass...
and then once they get bigger, the price of them falling also gets bigger. So then the governments and the Fed feel even more inclined to take action or take preventive action because the beast has become so big. As I document in the book, the size of financial markets now is four tim...
If you take out a 0% money transfer credit card then you should still make a repayment plan for yourself and set up a Direct Debit from your account to ensure you stick to it. Once the 0% offer ends then you will have to pay interest again, and the rates can be quite high on the...
Bankruptcyoffers people who are overwhelmed by debt an opportunity for a fresh start through either liquidation (Chapter 7) or reorganization (Chapter 13). In both cases, the bankruptcy court can discharge certain debts, but not all types of debt. Once a debt has been discharged, the creditor...
Bankruptcy At No Cost!Legally ReviewedFact-Checked What is a Default Judgment? A judgment is a monetary award given to a plaintiff who prevails in a civil lawsuit. It is a non-criminal legal award, typically in the form of damages. Damages typically include a money award. A court or a...
While Forever 21’s decision to pursue bankruptcy for a second time may hinge on the financial health of its ownership, Cohan is still not optimistic on the future of the brand: “That company does not sound like it’s going to be around that much longer,” he said. Did your workplace...
Bankruptcy If you are unable to make your mortgage payment and pay off other debts, you may decide to file bankruptcy. After you file Chapter 7 or Chapter 13 bankruptcy, a court order is made to stop all forms of collection for the duration of your case. This order stops wage garnishment...