A good way to find out about obtaining a home loan with a history of bankruptcy would be to speak to a financial advisor at your local bank. They would have the best mortgage ideas for you.
After filing for bankruptcy in Canada you may borrow money. The risk is borne by the creditor. During bankruptcy, after filing but prior to being discharged, you may obtain credit with a value of up to $1,000. without advising the creditor of your bankruptcy. Should you seek to borrow more than $1,000 you are obliged to advise the lender that you have filed for bankruptcy.
None. It is in bankruptcy.
This is so because what people did is by definition "history". History is the study of the past activity of people.
No, and any business claiming that it is possible is not being truthful(or flat out lying whichever term is preferred).
I believe new bankruptcy law exempts all retirement from being touch during bankruptcy so it should be safe
Yes, an apartment complex can refuse to rent an apartment to you if you have bad credit. A bankruptcy alone will not stop you from being approved or disapproved from an apartment, they will consider your overall credit score and credit history.
Basically, a straight bankruptcy means a Chapter 7 "No Asset" Bankruptcy. This type of bankruptcy is of the simplest form, and I say the simplest because there are no assets involved, and/or if there assets such as a home and vehicle, they are secured as collateral and are under water, such that a trustee would not be interested in selling off for the benefit of the creditors. A Chapter 7 Bankruptcy "No Asset" pretty much takes about 3-5 months from filing to discharge, the goal being to liquidate, if any and obtain a fresh start. Call me at: 1-888-291-6682 for any bankruptcy related questions. I am a licensed California Attorney.
Anybody can file for bankruptcy.
bankruptcy
Bankruptcy is altogether different than criminal settlements
The debt should be identified as being in bankruptcy or discharged in bankruptcy. It will remain on the list for 7 years. The bankruptcy will remain on the report for 10 years.
yes