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If you had a foreclosure in 2004 and filed a chapter 13 in 2005 which you dismissed can you get financing in the future for a new home and how long before you can apply?
Wiki User
∙ 12y ago
There are lending institutions that specialize in "high risk" loans. you could probably get a loan right now, but you most likely won't be getting a good rate, and you'll most likely need to do a lot of searching to find someone who will take on that amount of risk.
Wiki User
∙ 12y ago
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Can you save your house from foreclosure?
Yes you can save your home from foreclosure. This is a primary reason people file for a Chapter 13 Bankruptcy, the automatic stay can stop a foreclosure as long as it's filed before the sale takes place.
Can you file a chapter 7 bankruptcy and a chapter 13 bankruptcy?
not at the same time, and you'll have to wait a certain period of time after being dismissed/discharged from one before filing the other.
If the judge denies you to file bankruptcy is the any other way of saving your home out of foreclosure?
Was it a Chapter 7 filing? Generally a 7 is dismissed due to the trustee or judge deciding the debtor has means to repay at least a portion of their debt(s). Therefore, the party involved can file a Chapter 13 which is a consolidation BK rather than a liquidation BK. Before a concise determination could be made, the reason(s) for the bankruptcy dismissal would need to be examined.
Can you put a house for sale in foreclosure?
You can put a house up for sale in foreclosure, but the foreclosure process could happen before the house sells. It doesn't make any sense, if you would like to sell the house, do so before foreclosure.
How many points will a foreclosure reduce your credit score?
Depends on credit score prior to foreclosure. If your score was higher before foreclosure, it might drop 200 points or so. If it was lower before foreclosure, it might drop closer to 100 points. It varies significantly.
How long after Dismissal without prejudice of chapter 7 before a 30 day post poned sale date before a foreclosure sale take place.?
i had a trustee notice of sale June 23 and my foreclosure sale was post-poned 30days. my chapter 7 bankrutpcy was dismissed jun 23 as incomplete and the foreclosure sale was held jun 26 was that legal.
How long after you have a chapter 13 bankruptcy dismissed do you have to wait before refiling?
It is 180 days before you can refile
Can you save your house from foreclosure?
Yes you can save your home from foreclosure. This is a primary reason people file for a Chapter 13 Bankruptcy, the automatic stay can stop a foreclosure as long as it's filed before the sale takes place.
What is your liability to harassing creditors if after six years your Chapter 13 bankruptcy was dismissed by the trustee?
If your Chapter 13 was dismissed, meaning you did not complete your Plan, then you are essentially right back where you started before you filed for bankruptcy. The creditors can pursue you for the debts without any legal ramifications.
After you meet with your creditors can you ask to be dismissed before your confirmation hearing?
If you are referring to the Chapter 13 plan confirmation hearing, then the answer is yes. In fact, you can dismiss your Chapter 13 bankruptct at any time.
Can you file a chapter 7 bankruptcy and a chapter 13 bankruptcy?
not at the same time, and you'll have to wait a certain period of time after being dismissed/discharged from one before filing the other.
Your Chapter 13 case was dismissed because your income was cut and you were no longer able to pay your monthly mortgage can you file for Chapter 13 again if you have someone who will be helping you?
You may have a 6 month waiting period before you can refile.
If the judge denies you to file bankruptcy is the any other way of saving your home out of foreclosure?
Was it a Chapter 7 filing? Generally a 7 is dismissed due to the trustee or judge deciding the debtor has means to repay at least a portion of their debt(s). Therefore, the party involved can file a Chapter 13 which is a consolidation BK rather than a liquidation BK. Before a concise determination could be made, the reason(s) for the bankruptcy dismissal would need to be examined.
Can you put a house for sale in foreclosure?
You can put a house up for sale in foreclosure, but the foreclosure process could happen before the house sells. It doesn't make any sense, if you would like to sell the house, do so before foreclosure.
What is the Fannie Mae foreclosure law?
how many days delinquent before a loan goes into foreclosure
Does buying a new car with an open bankruptcy affect your bankruptcy?
If you filed a Chapter 7 bankruptcy and buy a car before the discharge is issued, there's no impact on your case. If you're in Chapter 13, however, your disposable income post-filing until discharge may be considered property of the estate; in addition, if you're financing the new car then you likely need to have the court's permission before entering into the financing agreement.
How many points will a foreclosure reduce your credit score?
Depends on credit score prior to foreclosure. If your score was higher before foreclosure, it might drop 200 points or so. If it was lower before foreclosure, it might drop closer to 100 points. It varies significantly.
