It shouldn't impact your credit rating all. However, his bankruptcy will remain on his credit for up to 10 years. If you get married and try to buy a home for example, then his credit rating will affect both of you.
Your debt is completely your own, and will not affect your fiance's credit rating. It would play a part in purchasing a house in your name only. As far as renting, landlords will usually consider you a "good risk". After BK discharge the person is for the most part (or should be) debt free.
Yes, if both people apply for a joint loan, both credit reports will be used to determine the elgibility of the borrowers.
I was nedding to know if I could refiance my home even though my bankrupcy was just discharged in Jan. of this year?
As long as you pay your bills on time, there should be no affect on their credit at all. I've been monitoring/managing my credit for several years now (got a nasty taste of ID theft) and I can tell you that the simple truth is that there is only one way to build your credit postively, and that's to establish and pay off your credit accounts on time. Just because you have a co-signed loan or a shared credit card, your history (and the history of your co-signee) will still just be your individual history. Sharing a credit account with someone who has good credit will probably get you access to better terms and rates, but there isn't a halo effect on either your credit or theirs - unless you fail to make payments on time. If you're looking for more info on this, here's a good overview: http://learn.equifax.com/cs/Satellite?c=DS_General_Cont_C&childpagename=DecisionSimple%2FDS_General_Cont_C%2FDSGeneralContentTemplate&cid=1164040850481&pagename=DecisionSimple%2FPage%2FDSLayoutTemplate&ParentLinkID=1162919656130 CORRECTION: I have been told by Equifax, and by my two credit card companies that adding my fiance as an authorized user will likely improve his score, because my credit cards companies do report on the authorized users credit as well, giving them your entire account history, which if you have always paid on time, should improve the authorized users score. But not every credit card company does this, you just need to ask them. (I use Citibank and Capital One). UPDATE: Adding someone as an authorized user no longer helps them improve their credit. This practice, known as piggybacking, was ended in 2007 as a result of substantial abuse by third party brokers that would help people lease out their good credit to those who needed a credit boost. There is no longer a credit benefit resulting from authorized user status.
Having him as an authorized user on your credit card won't impact your score, however if he uses the card and doesn't pay the bill then your score will be impacted. Being an authorized user is one way to help jump start his credit, but it will impact you if he is responsible for paying the bill and doesn't pay it on time (obviously). Keep in mind that while this will boost his score in the short-run, an actual "credit history" of his own is what lenders are looking for, so eventually he will need to get his own credit. Also, if you co-sign for him on a car in the future this WILL impact your score, as it will show as 100% on your credit and 100% on his credit. And it will also mean that if you want a car loan of your own he may have to sign with you (or someone else), because car lenders will loan 1 car for 1 income and if you already are on a car loan you will need someone else's income to justify 2 car loans.
It won't affect your fiance' directly unless you share a loan that you're filing on. Otherwise, s(he) should know that you filed bankruptcy because your credit is going to be negative for quite some time. This could affect your fiance' in time when you have a place together and want or need to finance.
Your debt is completely your own, and will not affect your fiance's credit rating. It would play a part in purchasing a house in your name only. As far as renting, landlords will usually consider you a "good risk". After BK discharge the person is for the most part (or should be) debt free.
IT should only affect you if you attempt to secure a loan or interest together. Often times, when a credit report is required for an account, the APR or other factors are determined by the lowest score from all applicants. In other words, if you go to buy a house and try to secure the loan in both your and your fiance's names, the bank providing the loan will likely use the lower credit score to determine the loan. If you never combine any loans, credit cards, or other accounts; there should be no direct impact on your credit-worthiness.
Yes, 3 years after discharge of the Bankruptcy.
In general, you cannot return a car to a dealer. You can sell it back to them, though. Selling it won't affect your credit.
Yes, if both people apply for a joint loan, both credit reports will be used to determine the elgibility of the borrowers.
No, that's the point of filing bankruptcy. Suing him would be in violation ofthe permanent stay against creditors including you. He can have the bankruptcy court stop the suit and allow him attorney's fees and even damages.If you had grounds for objecting to dscharge, you should have filed an objection with the court.
In this situation, your marriage should not affect your Medicaid eligibility.
I was nedding to know if I could refiance my home even though my bankrupcy was just discharged in Jan. of this year?
There is no real problem here as bankruptcy has to do with individual debts between the debtor and the creditor so you should not be affected by your fiance's bankruptcy. Also, because you will only be gaining community (or shared property) after being married that will not be available for debtors to get nor will any of your individual funds/ assets. If you file a joint return after marriage , you file as an " injured spouse ". That way if any debts are back child support or support increases or IRS liability , your income should not be considered in most states. Consult a real lawyer before you get married to be certain of all this info .
Make sure that it was a chapter 11 and not a chapter 7 or a chapter 13. Many times there are no trustees in a chapter 11 and chapter 11 is almost always a larger business bankruptcy.
that means the girl of fiance