Hello! I wondered if my mother would be able to get a credit card after filling bankruptcy. There was a lot of bills and she had to raise and spoil what made me buy a lot of bad she could not pay and is now trapped without a credit card.
Anything is possible but very unlikely it will be approved by at least 2 years.
How long after filing a Chapter 7 bankruptcy can buy a house?
I found conflicting information. Some sites say you can buy a house at any time after a bankruptcy discharge, as long as your credit score has been rebuilt, but other sites you have to wait at least 2-3 years. What is it?
Most lenders will entertain the idea of making a mortgage loan to a person credit that has been rebuilt, and usually after a period of 2-3 years has passed since the foreclosure or bankruptcy .. There was a time when some lenders allow you to purchase or refinance a home one day after his exclusion was over. There are very few lenders in all types of today as they were called sub-prime lender as well. So we're talking about the past and the present procedures in the mortgage industry. I hope this has been of some use to you, good luck. "FIGHT IN "
I just received a check for life insurance policy and I am filing for bankruptcy in January What are my options?
My mother died and left us with a significant amount of money. We owe money on a loan (we have an agreement in writing and notarized). We have a file date set through our lawyer january4th. What are our opyions? Can we use some of the money to pay the relative, or do we have to keep until the bancrupcy? We live in Ohio. Controls that cash immediately, and only have 30 days to collect.
You can tell the insurance company life to save the money at interest. It is a legitimate solution option. You can then request a check when ready. Nobody has to know about this money, is totally private. It all depends on what your intentions are, if you will pay for your family or try to exit bankruptcy. If you have already submitted your credit is going to get dinged.
How long will a Chapter 7 bankruptcy after filing Take?
I am receiving free legal assistance to file bankruptcy and wondering how long will it take for the whole matter to be finalized after presents everything … Chapter 7 is because I am not work (I am a full time student) and I have no assets.
I filed Chapter 7 last year in Albuquerque and it took about three months. Depends on how busy the court that you filed it.
"I can get a bankruptcy loan after my car if I use as collateral?
I had to declare bankruptcy last year do to some family business issues. after all said and done, I was recently discharged. I live about 150 miles round trip to and from work and my car is a drinker gas. If I had to use my truck, paid as collateral, could I get a loan from a bank for about $ 5,000 for a bicycle. I do not spend a hundred to week in gas to and from work would be great. Yes I realize that I am getting back debt, but now I have to pay a decent, stable job and I can afford it. In addition to saving me money in the long term, because of gas. So I do not need this care conference debt or something like that. Thanks for the info in advance
Some bank should lend money, the interest rate might be concerned. The best strategy is to save money, then buy the bike. Always keep 1000 in the bank. Read the book by Dave Ramsey. Chapter 7 survivor.