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What else can I help you with?
Where can you find financing to purchase an RV after bankruptcy?
where can you find financing to purchase an Rv after bankruptcy?
What is the maximum duration for financing a house?
The maximum duration for financing a house is typically 30 years.
Can I keep my house and car out of a bankruptcy?
You are normally allowed to keep the house you are living in and one car in a bankruptcy.
Can you file bankruptcy on your house if already in foreclosure?
Filing for bankruptcy may enable you to recover your house from foreclosure. However the bankruptcy would entail dealing with your entire debt situation, not just the house.
Can you buy a new after filing bankruptcy?
yes, the financing will likely cost more however (i.e., interest)
How can people obtain mortgages after going into bankruptcy?
In order to obtain a mortgage after bankruptcy, wait at least 2 years from time of the bankruptcy discharge. During these 2 years, re-establish credit by paying all bills on time. With a clean credit history and a steady job, banks should easily grant financing, even 100% financing.
Can you fiance a house after bankruptcy?
Yes, 3 years after discharge of the Bankruptcy.
How does surrendering your house in chapter 7 affect your credit report?
If you are surrendering your house anyways, it is usually better for your credit score if you do it through bankruptcy. If your house is foreclosed on before you file bankruptcy, then your credit score is hit by both the foreclosure and the bankruptcy. If you let your house go back through bankruptcy, instead, then your credit score is only hit by a bankruptcy.
What kind of car financing can I get with bad credit?
There are companies that do both car sales and their own in house financing. If you have bad credit a lot of times this will be the place to go for you. Make sure that you know what kind of deal you are getting so that you can make the best choice for you. Your interest will be very high, especially if you just filed bankruptcy.
Can you give me the name of the form I need in order for me to be allowed to purchase a new car after I have filed for bankruptcy?
If you have filed bankruptcy, you are not going to be financing any new cars any time soon.
Can you buy a house if you have filed bankruptcy?
No.
How soon after chapter 7 can I buy a car?
After filing for Chapter 7 bankruptcy, you can typically buy a car immediately, but obtaining financing may be more challenging. Lenders often consider your credit history post-bankruptcy, so you may need to look for dealerships that offer in-house financing or special programs for individuals with bad credit. It's advisable to check your credit report and potentially work on rebuilding your credit before making a purchase.
