It would depend on the terms of the mortgage lender. Often the lender will work with the borrower to help them catch up on back payments, etc. Most people file a 13 so they can keep all their property. It is better to try a "quick sale" or Chap 7, then to have a foreclosure. WIth a 7 the borrower can hopefully, qualify for a homestead exemption, and not be out the entire equity. The time it takes for a foreclosure and the home owner to move is dependent on the contactual agreement and the state statutes. It can be a year or ???
A Chapter 13, whether it is dismissed or successfully receives discharge, is on your credit report for 7 years. A chapter 7 is on your credit report for 10 years. i called equifax and a discharged chapter 13 stays on for 7 years and a dismissed chapter 13 stays on for 10 years
Seven (7) years from the date of dismissal.
i am A Mortgage Broker The Bankruptsy Never Leaves The VCredit Report But if You Are Trying To Do Something With Your Credit Banks Go off The Discharge Date * 10 years for a dismissed chapter 7 and 7 years for a dismissed chapter 13.
It is 180 days before you can refile
Not enough information. Was it dismissed WITH prejudice, or WITHOUT prejudice?
A chapter 13 Bankruptcy, dismissed, discharged, or otherwise, stays on your credit report for 7 years from the date it was filed.
it can stay on your credit report for as long as 10 years.
No, but you will be protected under the stay for as long as the Ch. 7 is active (not been discharged or dismissed), and you have alotted amount of time to add creditors.
:A bankruptcy under chapter 7 or 11, or a non-discharged or dismissed chapter 13 bankruptcy generally remains on your credit file for 10 years from the date filed. A discharged chapter 13 bankruptcy generally remains on your credit file for 7 years from the date filed.
As long as the case has not been dismissed with prejudice, as often as the prosecution desires. Eventually they will either get ajudication or give up.
In Chapter 15, Ishmael mentions that he has been a soldier for about a year.
Accounts stay on your credit history for seven years. Bankruptcies stay on for ten. * New bankruptcy reform laws have no bearing on credit reportage. A discharged chapter 7 or 13 remain on the report for 10 years from discharge date. A dismissed chapter 7 remains for 10 years and a dismissed chapter 13 remains for 7 years.