It sounds like your just throwing words and terms together, not understanding what they may be.
Virtually any lender or credit provider will consider a BK as a very bad thing in determining your creditability. How much, just like if they rely (or how much they rely) on a FICO credit score (not actually done by a bank or a lender), is their own decision.
Yes, but only after the bankruptcy is removed from your credit report - which can take over ten years from the discharge.
Yes. It is more difficult, but it is also ESSENTIAL to recovering from bankruptcy. You must take out credit and have precise, on time payments in order to help rebuild your damaged credit score post bankruptcy.
About 4 to 5 years
There are not very many banks that would help you finance a loan with a bad credit score. You should visit www.fastupfront.com/bad_credit_business_loans.html for more help acquiring a bank that would take a bad credit score.
While 700 is a decent credit score, extending credit is still a risk and a discretionary judgment call. The BK will be on your credit for several more years and you are almost eligible to file for Chapter 7 again if you needed to. The creditor might not want to take the risk, especially if a debt to this bank was included in your old bankruptcy.
Yes, they can take anyone with a low credit score. You may have to pay more up front, but it is possible.
Your credit score starts going up the minute the bankruptcy is filed. Debts incurred after the filing (even the day after), are exempt from the bankruptcy. If you make house and/or car payments on time, your score goes up Legally, they can hold it for up to 10 years.
Normally the bankruptcy will remain on your report for 10yrs. The longer it is on your report the less impact it has on your score, although still an eye soar to potential creditors. I would recommend establishing one or two cards to build up your credit. Orchard Bank and First Premier are two of the easiest approval cards. Also, I would recommend establishing a secured loan with a small credit union that report to the 3 credit agencies. On the credit card(s) try to keep the balances below 35% if the credit line. A good credit score is also based on various types of credit, not just revolving credit (Credit Cards).
The time it takes to get home equity paid off after bankruptcy and bad credit will vary depending on how bad the credit score. It will also depend on which lawyer and banks are involved.
Bankruptcy should be removed after 6-7 years from discharge, if you have another bankruptcy within 6-7 years, it will take longer to remove or could be permanently on your file
After your discharge, you can purchase a home at any time. If you pay cash, you may have some serious problems explaining where the money came from and why it was not reported in the bankruptcy documents. If you apply to borrow, you will have trouble qualifying for a mortgage, since credit score will be low, due to the bankruptcy and the poor credit you had prior to filing. You will have to be serious about repairing your credit score, and it will take 3-4 years for you to do that.
The only way to rebuild credit after bankruptcy is to take out credit. But it must be done in an incredibly TIMELY and controlled manner. For instance, taking out credit cards in which you maintain a small balance and make many exact and timely payments. Basically showing that you can take out credit and control it pushes your score up. Any type of default in payment amount or time will hurt your score further. The article below lists a number of pointers for helping in this process.