Sentences with phrase «loan after a chapter»

You must also get the court's approval to take on another mortgage loan after a Chapter 13 filing.

To get a conventional mortgage loan after a Chapter 13 bankruptcy filing, you will probably have to wait at least two years after discharge — or four years after dismissal.

If you want to qualify for a conventional mortgage loan after a Chapter 7 bankruptcy filing, you will probably have to wait at least four years.

As a borrower who's looking into applying for personal loans after chapter 7 discharge, it is important to understand your financial situation.

Not exact matches

An income driven repayment plan like the Income Based Repayment, Income Contingent Repayment or Pay As You Earn is a good tool that should be strongly considered after taking a close look at a Chapter 7 bankruptcy filing in order to clear away other unsecured debts to make the regular student loan payment affordable.

If your chapter 13 bankruptcy is 2 - years after discharge date and you have good re-established credit, you may now qualify for an standard conforming loan.

If your chapter 7 bankruptcy is 2 - years after discharge date and you have good re-established credit, you may now qualify for a VA loan.

This can be a handy planning tool for those who go through a Chapter 7, take no action to reaffirm a car loan, and suffer a change in circumstances after the case is completed.

Normally, you would get a FHA mortgage after 1 year of Chapter 13 bankruptcy discharge and a conventional loan after 2 years of discharge.

After a Chapter 13 filing, you could qualify for an FHA loan even sooner.

FHA Loan After Bankruptcy... we filed chapter 13 one year ago..

In addition, take heart that with the exception of Chapter 7 bankruptcy filings, judgments, and delinquent government loans, other negative data is removed from a credit report after seven years.

McNeal, after filing for bankruptcy under a Chapter 7, reported that her mortgage was subject to two mortgage liens, $ 176,413 held by the primary lender and a second priority loan in the amount of $ 44,444.

CHASE loan mod agreement was for $ 512,000.00, the interest rates below will be applied: Years 1 -5 at 2 % Year 6 at 3 % Year 7 at 4 % and Years 8 - 27 a fixed rate of 4.5 % and a balloon payment of $ 120,000.00 at the end of the 27th yearSoon after we got the CHASE loan modification, we entered into Chapter 13 to get rid - off the second mortgage and existing credit card debts.

So if a chapter 7 debtor does not stay current on a car loan after filing, the lender has the ability to repossess the vehicle after the debtor has received her discharge.

After the five years of making chapter 13 payments, whatever is still owed on my loans will resume.

Since graduating, I have continued to make payments to my student loan, despite having to file Chapter 7 bankruptcy after going through a divorce.

After reopening her Chapter 7 case in April 2014, the debtor filed an adversary proceeding against the DOE to discharge the student loan debt.

However, applications for automobile loans even after you have filed bankruptcy is quite common these days, but if you are in dire need of a car loan in the middle of your filing then the process may vary depending on which personal bankruptcy you chose: Chapter 7 or Chapter 13.

Erica Sandberg: Don't co-sign a loan while in bankruptcy — If you filed for Chapter 13 bankruptcy, the last thing you should consider is co-signing a car loan for anyone, including your partner... (See Co-signing loans after bankruptcy)

Chapter 13 bankruptcy is typically used by those who have a home mortgage, automobile loan, or other type of «secured» debt that they wish to keep after filing bankruptcy.

Deciding not to repay the loan after the fact appears to be a purely civil matter: nothing in Chapter 8 (false personation and cheats) looks like it applies.

Even after the Bankruptcy Reform Act of 2005, debtors can qualify for Chapter 7 and eliminate unsecured debts including medical expenses, credit card debts, and other loans.

Bankruptcy: You can qualify for FHA loans one year after Chapter 13 bankruptcy, two years after Chapter 7 and three years after a foreclosure, provided you've had no negative credit events since.