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What are the pros and cons of purchasing a car after a chapter 7 bankruptcy?

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Can you do a deed in lieu after filing Chapter 7 bankruptcy?

Yes. But my advice is to hire an excellent real estate attorney who will discuss with you the pros and cons of this matter. Remember, Chapter 7 wiped the slate clean. Don't let predatory lenders con you back into something your no longer liable for...


What are the pros and cons of bankruptcy refinancing?

The pros to refinancing in bankruptcy are: You can refinance your home and pay off your trustees if you have enough equity in your home. You can save money each month and start rebuilding your credit. Cons: you'll need to wait untill your 37th month of bankruptcy if you don't want to be held responsible for the unsecured debt that you filed for. Interest rates will be higher and you may have trouble finding a lender.


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