Pretty bad.
Yes, you can still get a loan even if you have bad credit from a bankruptcy. Everyone deserves a second chance.
Both, Its bad debt period and you will suffer bad with either.
You technically should not be able to do both at the same time. The bankruptcy should stop the Foreclosure proceedings in its track.
No. What will happen is all the defaulted accounts listed in the bankruptcy will be marked as such.."included in bankruptcy". The credit history, late payments, judgments, etc. will remain the same. In addition to the scenario in the above answer: The bankruptcy filing itself will be listed in the "public records" portion of your credit report. The disposition needs to be listed also (the discharge). The "bad marks" (i.e., the accounts) will show on your credit for 7 years. The bankruptcy listing will show for 7 years for a completed and discharged Chapter 13 bankruptcy and 10 years for a discharged Chapter 7.
Chase will qualify you for a mortgage even if you have bad credit. You can even have filed for bankruptcy
Yes, you can still get a loan even if you have bad credit from a bankruptcy. Everyone deserves a second chance.
Unlikely. Passing a bad check is often a criminal act. A bankruptcy would not change that fact.
Both, Its bad debt period and you will suffer bad with either.
Of course, it is immensely important to include IRS in a bankruptcy. If you don't some bad naughty things could happen.
The time it takes to get home equity paid off after bankruptcy and bad credit will vary depending on how bad the credit score. It will also depend on which lawyer and banks are involved.
You technically should not be able to do both at the same time. The bankruptcy should stop the Foreclosure proceedings in its track.
Normally if the bad checks are included in bankruptcy the charges will be dropped. I really hope this helps you. I filed before charges were filed against me but I have a friend that had 4 outstanding payday loans and they had filed charges for bad checks. The charges were dropped immediately.
not as bad as you think. I filed bankruptcy in 1996 and then was able to finance a new car in 2005. so it only affects you for about 10 years
No. What will happen is all the defaulted accounts listed in the bankruptcy will be marked as such.."included in bankruptcy". The credit history, late payments, judgments, etc. will remain the same. In addition to the scenario in the above answer: The bankruptcy filing itself will be listed in the "public records" portion of your credit report. The disposition needs to be listed also (the discharge). The "bad marks" (i.e., the accounts) will show on your credit for 7 years. The bankruptcy listing will show for 7 years for a completed and discharged Chapter 13 bankruptcy and 10 years for a discharged Chapter 7.
Chase will qualify you for a mortgage even if you have bad credit. You can even have filed for bankruptcy
NO. You must file bankruptcy. Otherwise, collections efforts against you on bad debt may continue as long as some collector feels it is worth the small chance of payoff.
bankruptcy will effect for your credit for an average of 7 years..consider it a way of purging the bad and being flagged for "high risk" until your prove yourself again