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What else can I help you with?
Can you secure a loan specifically for renovating a house?
Yes, you can secure a loan specifically for renovating a house. These types of loans are often called home renovation loans or home improvement loans, and they are designed to provide funding for renovations and upgrades to a property.
Student loans and bankrupsy.can they be discharged?
Student loans do not go through the discharge procedure, only bankruptcy's. A discharge takes place six months from the date you filed for bankruptcy. Then you have to wait two years from the date of discharge to apply for a home loan.
Can you be made bankrupt if your home is repossessed and you have secured loans?
Yes, you can be made bankrupt if your home is repossessed and you have secured loans. When your home is repossessed, any outstanding secured debts may still exist, and if you cannot repay them, it can lead to bankruptcy. Bankruptcy occurs when you are unable to meet your financial obligations, and repossession can exacerbate that situation by leaving you with significant debt. Ultimately, the decision to declare bankruptcy depends on your overall financial circumstances.
Are USDA home loans bankruptable?
USDA home loans are generally considered non-bankruptable, meaning they are not dischargeable through bankruptcy. However, if a borrower files for bankruptcy, the USDA loan may still be impacted, and the borrower could potentially lose the home if they are unable to keep up with payments. It's important for borrowers facing financial difficulties to consult with a bankruptcy attorney to understand their options and the implications for their USDA loan.
Where is the Accredited Home Lenders company located?
The Accredited Home Lenders company was a company which offered home loans. In 2009, Accredited Home Lenders filed for bankruptcy and are no longer in business.
Can you secure a loan specifically for renovating a house?
Yes, you can secure a loan specifically for renovating a house. These types of loans are often called home renovation loans or home improvement loans, and they are designed to provide funding for renovations and upgrades to a property.
How does the bankruptcy power work?
Bankruptcy plays vital role in your life if you are facing financial problems or having unsecured loans like medical bills, repayment loans,wage garnishment. Filing bankruptcy gives you strong legal protection from your creditors. If some one is facing home foreclosure then filing chapter 13 bankruptcy helps a lot. It stops home foreclosure & bring automatic stay.
Will filing for bankruptcy reduce the principles on student loans and mortgages?
No, filing for bankruptcy does not discharge or reduce the principle on student loans, though the bankruptcy process may put 'recovery attempts' on temporary hold. Regarding mortgages, filing bankruptcy will potentially discharge your debt, though you may lose your home unless you choose to file a Chapter 13, which will allow you to consolidate debts and retain your home if you so choose.
Student loans and bankrupsy.can they be discharged?
Student loans do not go through the discharge procedure, only bankruptcy's. A discharge takes place six months from the date you filed for bankruptcy. Then you have to wait two years from the date of discharge to apply for a home loan.
Can you be made bankrupt if your home is repossessed and you have secured loans?
Yes, you can be made bankrupt if your home is repossessed and you have secured loans. When your home is repossessed, any outstanding secured debts may still exist, and if you cannot repay them, it can lead to bankruptcy. Bankruptcy occurs when you are unable to meet your financial obligations, and repossession can exacerbate that situation by leaving you with significant debt. Ultimately, the decision to declare bankruptcy depends on your overall financial circumstances.
Are USDA home loans bankruptable?
USDA home loans are generally considered non-bankruptable, meaning they are not dischargeable through bankruptcy. However, if a borrower files for bankruptcy, the USDA loan may still be impacted, and the borrower could potentially lose the home if they are unable to keep up with payments. It's important for borrowers facing financial difficulties to consult with a bankruptcy attorney to understand their options and the implications for their USDA loan.
Could the US government take the proceeds from the sale of you home if you have a judgment against you because of a student loan and you filed bankruptcy?
Yes. Federally funded student loans are not dischargeable in bankruptcy.
Where is the Accredited Home Lenders company located?
The Accredited Home Lenders company was a company which offered home loans. In 2009, Accredited Home Lenders filed for bankruptcy and are no longer in business.
can you save you home in chapter 7b?
Yes, you need to reconfirm the home loan with the company that provides your mortgage and any secondary loans on the home. Your bankruptcy lawyer will ask you about that and take care of it.
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.
What are the different types of secured loans available to borrowers?
The different types of secured loans available to borrowers include mortgages, auto loans, and home equity loans. These loans require collateral, such as a house or car, to secure the loan and reduce the lender's risk.
What are the benefits of pre approved home loans and how can I secure one for my next home purchase?
Pre-approved home loans offer benefits such as knowing your budget, faster closing times, and increased bargaining power. To secure one, gather necessary financial documents, choose a lender, and submit an application for pre-approval.
