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First, you CANNOT get any loans, or change any financial aspect of your life without the trustee approval. (You swore to the court you wouldn't, and courts don't like to be lied to). Second - you really need to do the C-13 required money counseling (and much more)...because you talking nonsense. Why? Third- YOU CANNOT BORROW YOURSELF OUT OF DEBT...ONLY INTO MORE OF IT! The trustee is who YOU asked the court and society to appoint to represent and protect YOU from your creditors. You don't owe the trustee - he isn't your creditor - he didn't loan YOU anything...you owe all those you haven't paid for what you took - paid as you swore, promised said you would and legally had to before....and didn't, presumably because you couldn't. Your Bankrupt, because you haven't paid the debts you already have...and you think you can get a loan from someone else - which I should think even you would undertand would require you to pay more back than you borrowed, which is already more than you can pay, which is why you want the money -...would you loan that person money?
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Can you sell your car and payoff the loan after filing chapter 7 before the discharge?
You should be able to do so, yes.
Can you get a small personal loan from a bank or finance company while you are in a Chapter 13?
you have to get it approved through the trustee
How do you find the payoff balance on a personal loan?
How do you find the payoff balance on a personal loan?
Loan Payoff What is my loan payoff on a 2005 Chevrolet uplander?
How can you possibly expect there to be one answer for a question such as this! First and formost, ask your lender. They ALWAYS know what the loan payoff is.
Does a buyer need to know what your payoff is?
Need payoff for a loan
Can a title loan be deducted in chapter 13 bankruptcy I have a title loan on my car and am filing chapter 13 - but the trustee is objecting based on re Ransom?
Sure the trustee is objecting. Because you are making payments on your car, Ransom v. America Bank, means the amount of money you would be required to pay would be less than if you did not have a title loan. The trustee wants you to pay off the loan before you declare bankruptcy.Update: I have not been making the payments - I thought the chapter 13 would be making the payments when I send the trustee my monthly payment. I supposed the questions is: is a title loan considered a secured loan.I would check the lending company to make sure they are getting the payment. I would not assume anything. I simply read Ransom. I do not trust trustees. If you walk in and pay the loan with a piece of paper and get a written receipt and send that receipt to the trustee and keep a copy, there can be no doubt. That way your car can not be repossessed and the trustee can not stab you in the back by not paying your loan. Then when your car is repossessed, he can not take the money that you would have used to repay your loan and have you use it to pay your other creditors.
How do you obtain payoff on current auto loan?
Call the lender and ask for it. Their automated phone menus sometimes even have an option to get it without talking to anyone.
Where online can I find a loan payoff calculator?
You can go to the site calculator.bankrate.com. It will show you a free loan payoff calculator on their site and you can use it. Just type in your loan information and do it!
Can you apply for a loan while in chapter 13 bankruptcy?
Not without permission from the bankruptcy trustee/court. Yes. But you will have to overcome a lot of obstacles in order to obtain one. Some lenders will approve a home loan if you are in Chapter 13 bankruptcy but only after you have paid consistently for one year and have a credit score of 620 or above. Lenders, as a rule, will not consider a loan until you have approval from the Bankruptcy Court. You will have to ask your bankruptcy trustee for approval to get the loan. This trustee will give you an amount you are allowed to finance. Unfortunately, the amount is usually low. Here is an example: Annual income: $100,000 All payments to Bankruptcy Court have been consistent for 2 years. Credit score: 630 Amount needed to finance home: $119,000 Bankruptcy Trustee Loan Approval Amount: $65,000 Although you may qualify to receive a loan in the amount of $119,000, the bankruptcy trustee will only allow you to finance up to $65,000. If you do not have $54,000 to make up the difference.....you will not be able to purchase the home. That being said, it's worth a try. So before you start looking at houses for sale, have your attorney request the bankruptcy trustee for loan approval and what amount. At least from there you will know where you stand.
How can I get the payoff on my truck?
Call the loan company u went through and ask them for the payoff
If you file chapter 13 and have a foreclosure are you still able to obtain financing for a home?
Absolutely, there are many programs available to assist existing home owners as well as home buyers with financing home loans after bankruptcy and foreclosure. To obtain a home loan while currently in a chapter 13 bankruptcy it is very important to establish a good payment history. The company that will approve you for a home loan will need to have your payment history. They will also contact the trustee of your chapter 13 bankruptcy to receive permission or an ok to proceed with your home loan. To obtain a home loan after chapter 13 bankruptcy you will need to provide the following to your loan officer. Original schedules of your bankruptcy Discharge documents of your bankruptcy Proof that you have a satisfied discharge Proof that you have established new credit To obtain a home loan after a foreclosure. Maintained or established new credit Applying for an FHA Home Loan there is a waiting period of three years after the foreclosure proceedings have been completed. For Conventional Home Loans you will need to wait five years. Frank Thomas Sr. Loan Consultant www.lowermymortgageratestore.com 480-621-4270
How do you get a loan payoff at Bank of America?
Bank of America Mortgage Payoff Phone Number: 1.800.763.1255
