0
What else can I help you with?
If a bank declares bankruptcy how is a loan protected?
Someone will buy the loan from the bank. Unfortunately, they don't just go away.
If you have a personal bank loan can you still file for bankruptcy?
Of course.
What is the average loan offered by banks after bankruptcy?
It is not possible to say what an average loan is that a bank will offer after bankruptcy. This is because each situation is different and the bank will judge the request on its individual merits.
After bankruptcy is clear can any bank refuse to give you a mortgage loan?
Yes. There does not need to be the issue of bankruptcy for a lending institution to refuse the applicant. What they may not do is discriminate for reasons of gender, race, ethnicity and so forth.
Where can someone go to obtain a bankruptcy home loan?
To obtain a bankruptcy home loan one could make an appointment with their local bank to talk to an advisor. One could also make an appointment with a bankruptcy lawyer.
Can a parent get a student loan for a child if the parent files bankruptcy?
Probably not. What the loan is for isn't the issue. His record of repaying loans is.
Can you get a bank loan after bankruptcy?
It is very risky and difficult for one to get a bank loan after going bankrupt.But you can actually go for a loan considering what kind of business or project thefund is to be invested on. Besides before this loan can be granted to you, theyhave to be collaterals and security measures put in place outside the otherbusiness collaterals that led to your bankruptcy in order to prevent reoccurrence or loss.
How long will bankruptcy prevent a foreclosure?
Bankruptcy will prevent a foreclosure but you still have to reaffirm the loan and begin paying or the bank will repossess your house regardless of bankruptcy. Bankruptcy temporarily halts the process for up to a couple months.
Can bank hold on to your car title as collateral on a bank credit card went the car loan was paid off prior to bankruptcy?
The bank should not have your car title if it is paid off. If you declared bankruptcy and it was discharged, your bank credit card account should be dismissed.
You owe your sister money can you file bankruptcy on that loan?
If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.
What is a reaffirmed loan?
A "reaffirmed loan" is a loan that the claimant in a bankruptcy has left out of the bankruptcy and is "reaffirming" that they will still pay the loan as usual.
Has weekenders international filed bankruptcy?
Yes, Weekenders ceased operations as of noon on Monday, June 9th. An international bank called its loan, forcing the bankruptcy. I am devastated!
