such as credit card debt or unpaid health care bills. In a Chapter 7 bankruptcy, the debtor's assets may be sold to pay their debts. Certain assets, such as the debtor’s primary residence and other necessary personal property, may be protected ...
Banks and finance companies that commonly make RV loans are nervous about offering RV financing within a short time after a person has filed for Chapter 7 bankruptcy. Although a debtor is prohibited from filing for another Chapter 7 bankruptcy for at least eight years, it will be difficult for...
Can I get an FHA loan if I have a foreclosure or bankruptcy on my credit report? FHA loans have more lenient credit requirements than conventional loans, but there are still some restrictions. Borrowers with a foreclosure on their credit report must wait at least three years after the foreclos...
Quick background: I filed chapter 7 bankruptcy that was discharged 08/2017. Since then, I've established many credit cards, a few mortgages, and a few auto loans. Unfortuantely, I have been able to get back into the good graces of Discover and American Express- everytime I checked to ...
How Long do the Different Types of Bankruptcy Stay on Your Credit Record? Depending on the type of bankruptcy you file for, it can take up to 10 years for this proceeding to stay on your credit record. If you are filing for a Chapter 7 bankruptcy, it will usually take about 120 da...
and there would be no fact of filing Chapter 7 in her credit report. It’s like it never happened. No wonder Pres. Trump thinks bankruptcy law is heaven sent. His own businesses filed for bankruptcy, 4 Chapte...
yes no have you had property foreclosed upon in the last 7 years? yes no have you been declared bankrupt in the past 7 years? yes no identify the type(s) of bankruptcy (select all that apply) chapter 7 chapter 11 chapter 12 chapter 13 are you obligated to pay alimony, child support,...