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How will filing Chapter 13 bankruptcy affect my ability to rent an apartment or buy a car?
Badly. It is obviously a bad, bad thing on a credit report...and if someone looks it will likely effect their decision. Some landlords may not care, some may. Virtually all formal lenders, like for cars, will consider it exclusionary. If your till in C-13, you can't do either without approval of your trustee, or your case will be dropped and criminal charges possibly made. (You swore to the court in your filing you wouldn't. Courts don't like to be lied to).
What else can I help you with?
Does a chapter 7 bankruptcy affect your credit the same as a chapter 13?
Yes.
Will a discharged bankruptcy affect renting an apartment?
Yes, a discharged bankruptcy can affect your ability to rent an apartment. Many landlords conduct credit checks, and a bankruptcy may raise concerns about your financial stability. However, some landlords may be more flexible, especially if you can demonstrate a stable income and good rental history since the bankruptcy. It's advisable to be upfront about your situation and provide references to strengthen your application.
If you file a chapter 7 bankruptcy will it affect your ability to rent an a apartment or own a home and will it affect your fiance?
Your debt is completely your own, and will not affect your fiance's credit rating. It would play a part in purchasing a house in your name only. As far as renting, landlords will usually consider you a "good risk". After BK discharge the person is for the most part (or should be) debt free.
How does chapter 11 bankruptcy affect you?
Chapter 11 bankruptcy allows you to reorganize your debt so that you may pay it off. But it is not for everyone. You should contact a lawyer to see if you could even qualify for Chapter 11 bankruptcy.
If you file for chapter 7 bankruptcy and have no assets will it still affect you later?
Yes, a Chapter 7 bankruptcy is a Chapter 7 bankruptcy. The exact details are irrelevant, it will remain on your credit report and prevent you from refiling for the same length of time either way.
How long does a chapter 7 bankruptcy stay on your credit record in Louisiana?
In Louisiana, a Chapter 7 bankruptcy stays on your credit report for 10 years from the date of filing. This can affect your credit score and ability to secure new credit during that time. However, after the 10-year period, the bankruptcy will be removed from your credit report, allowing you to rebuild your credit history.
How would bankruptcy affect a license to sell insurance?
Bankruptcy would not affect your license to sell insurance in any way. It does not affect your ability to continue to make money.
Will filing bankruptcy affect your car insurance?
I have file for Chapter 7 twice and it has had no effect on my car insurance.
Can my spouses' chapter 7 bankruptcy affect my inheritance?
No, unless you both filed a joint BK petition.
Will a bankruptcy affect getting your insurance license?
In the State of Georgia, it probably doesn't. However, it does affect the ability to get insurance contracts and advances.
If you are about to get married and you are filing Chapter 7 bankruptcy will this bankruptcy affect your spouse in any way after the marriage?
It will only affect the non-filing spouse if the couple apply for some type of joint credit, such as a home mortgage. It will not affect the new spouse's credit report/score.
Can you rent an apartment after you buy a car Because they pull your credit when you buy a car will that affect the ability to be qualified to rent an apartment?
Should be no problem as long as they believe you can afford to pay for the apartment.
