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That is part of the problem of using the bankruptcy laws. Afterward, lenders consider you to be a high risk and as such charge you more for a loan.

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โˆ™ 2006-03-31 21:57:32
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Q: How can you lower your finance charge after a bankruptcy?
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What is mean by 2nd pari passu charge?

Parri Passu charge in terms of finance is equal charge on borrower, especially incase of default/bankruptcy Parri Passu charge in terms of finance is equal charge on borrower, especially incase of default/bankruptcy


What happen if you file bankruptcy and have not been discharged and buy a car and have it finance?

If you file bankruptcy and you have not been discharged the car that you buy can be used to finance it.


How do you finance out of Bankruptcy?

File for bankruptcy and then try and start over. Your credit will be messed up though.


What is a finance charge?

A finance charge is interest charged by a lender on the unpaid balance of a loan.


Can you buy a car and have it finance before bankruptcy discharged?

Yes, you can buy a car and have it financed before bankruptcy is discharged.


Does it affect your credit score if you repay your credit card dues much before your monthly statement is generated?

no, but your finance charge will be lower


How do you find a finance company to finance a house during chapter 13 bankruptcy?

In a rough market such as this one, you can't!


Do bankruptcy lawyers charge by the hour or by the case?

Most bankruptcy lawyers charge by the case. There are lots out there, you just need to call and get a quote from them.


When a finance charge is calculated on the average daily balance when should consumers pay the bill to keep finance charges at a minimum?

Paying the bill as early in the payment period as possible will make the average daily balance lower and therefore minimize the finance charges.


Can creditors classify an account as a charge off because it was included in a chapter 7 bankruptcy?

Of course. A charge-off is a tax benefit and has nothing to do with your bankruptcy.


Why won't they finance autos?

There are several reasons on why a finance company will not finance someone. the main reason is a repossession after a bankruptcy. Another main reason is the "lender" sees that you are about to file bankruptcy or they find out you are about to. It is very hard to finance based on cost and mobility. Sometime a mortgage is easier to get because you cannot move a house to the opposite coast overnight. Those are just a few reasons on why a finance company might not finance you.


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When did conseco finance servicing corporation file for bankruptcy?

December 17, 2002


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If you owe a finance company for it, they may reposess the motorcycle.


What is the difference between a service charge and a finance charge?

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Where can one go to for advice on how to finance a car after one has been in bankruptcy?

Car lots are a great place to go for advice on how to finance a car after bankruptcy. They know the best lenders for you to work with to get your credit built back up.


What has the author Charles Price written?

Charles Price has written: 'Life after bankruptcy' -- subject(s): Bankruptcy, Consumer credit, Personal Finance


What has the author Nancy Trejos written?

Nancy Trejos has written: 'Hot (broke) messes' -- subject(s): Compulsive shopping, Debtor and creditor, Personal Finance, Bankruptcy 'Hot (broke) messes' -- subject(s): Compulsive shopping, Debtor and creditor, Personal Finance, Bankruptcy 'Hot (broke) messes' -- subject(s): Compulsive shopping, Debtor and creditor, Personal Finance, Bankruptcy


Can you rid charge offs on your credit report if that creditor was included in your bankruptcy?

The charge offs will remain the required seven years and should be noted as included or discharged in bankruptcy.


Is it true that GE finance is going bankrupt?

"No GE finance is not going bankrupt. A few years ago GE finance was close to bankruptcy, but they were able to reverse course and continue to thrive as a business."


Can the finance company charge 39.91 APR on your car loan in Greenville SC what the set rate max that can charge?

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Can a company that is not a finance company charge interest and finance charges to someone it has lent money?

Yes.


Which of these best fits the definition of interest as it applies to finance?

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Hadji Baba Ammi is the Minister-Delegate to the Minister of Finance in Charge of the Budget for Algeria.