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Can I get a home loan while I am in bankrupsy?

Updated: 9/10/2019
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15y ago

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can i get a loan to get caught up on my mortgage before foreclosure i have a good job now

CAN I GET A MORTGAGE LOAN WHILE IN CHAPTER 13 BANKRUPTCY

Yes, you can. However, it will be at a very high interest rate. Approach your local credit union for the best deal.

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Q: Can I get a home loan while I am in bankrupsy?
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If you file bankrupsy will you be able to get a home mortgage?

can i get a mortgage if i filed bankrupsy a year ago


Can i file for bankrupsy while i still have studrnt loans to pay?

Yes, but in the United States, student loan debt cannot be discharged in bankruptcy. You will still owe the money, and the interest.


You hade bankrupsy does that mean you have apromisary note?

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Can you get a home loan if you are on government aid?

Possibly. In the 70's I had a friend that got a home loan in Detroit Mi while on Welfare and ADC.


Can you get a home loan while in a chapter thirteen?

Yes, but the Chapter 13 debt will have to be paid off as a condition of the loan.


What is the best type of loan for home improvement?

When remolding a home, the best choice of a loan is a home equity line of credit. This allows a home-owner to receive money as needed, while paying the interest only on the amount used.


What do equity loans do for you?

An equity loan allows you to pay towards the loan amount while earning equity. So if you were to sell your home you would make money to use towards your next home.


Can a home equity loan be used for a downpayment on another home?

A home equity loan is a type of loan in which the borrower uses the equity in their home as collateral. There is no restriction on how we can use the money from Home Equity Loan.


Is child support part of your gross in income when filing bankrupsy?

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Are you liable if your spouse has a foreclosure but your name is not on the loan or the final deed when it was signed back to the bank?

The liability in foreclosure comes from the responsibility for the mortgage debt. Regardless of your legal ownership or interest in the home, you do not have liability for the mortgage debt if you are not a party to the loan (did not sign). The home is the collateral for the loan and can be foreclosed and sold as recourse when the loan goes into default. While everyone who has an interest in the home loses their rights to the home when it is foreclosed, the liability for the loan and any negative actions associated with that (collections, lawsuits, negative credit reporting) belong solely to the signers on the loan.


A home equity loan is a lump-sum second mortgage loan made on the available equity in a home?

True, home equity loan.


What are home improvement loans used for?

A home improvement loan is used to help with remodeling and improving you house. Some house have minor things to be done so they don't require a large loan, while others may require a major amount of work and a larger amount on the loan.