Is there hope for financing after Chapter 13?
344636
There are financing options out there for you and your husband, but because of the bankruptcy you are going to have to pay a higher interest rate and most likely you won't be able to buy your dream house anytime soon.....it will take some time to build your credit back up and in time things will be back to normal for you both, check with top lenders, stay away from mortgage brokers, try Countrywide, Ditech and national lenders....mortgage brokers make profits based on several factors including interest rates, so someone who has credit issues are easy prey, national lenders typically have programs for people in the situation you are in and although you will have to pay higher interest, it won't be outrageous. Any other questions just send an email, happy to help.
1001862
Yes, there are Mortgage Programs for 1 day out of bankruptcy.  You have to find a good Mortgage Brokerage Office and they can help you with this.
918166
Hi there,\nIt is possible to obtain a mortgage as a discharged bankrupt yes. You will need to consult a specialist mortgage consultant however. I know that a specialist consultant will answer questions about mortgage products on a section of the Myvesta advice forum. I will add the link below for you.\n\nhttp://myvesta.org.uk/forum/viewforum.php?f=12&sid=aa605a6bff28759984cce5392bccb197\n\nHope this helps!
50916
They will make it very difficult or impossible to file chapter 7.  You will probably have to file chapter 13 which means repaying at least partially your debts.  It also increases the cost and complexity of the process.
989879
simply put, no, and because of recent law changes it's more difficult to file chapter 13. You need an attorney.
418894
Need more info, especially how much income do you have, and is it possible to get a part time job?\n\nNot knowing your situation, $12,000 is not enough money to justify bankruptcy yet.  \n\nDo you own a home with equity that you can borrow on?  That would be your first choice.\n\nConsolidations is always an option with that amount of debt, but you need to stop using credit and get control of your budget.  \n\nYou need to sit down and carefully look at the money you are spending, and pay as much as you can to get your debt lowered.  That means no more dining out.  Take your lunch to work.  Forget going to movies or other entertainment.  Everything you buy has to be something you need.....not someing you want.\n\nIf you file for bankruptcy, this is exactly what you will have to do anyway.  The trustee will look at your income, do some calculations, and decide how much of your money is "disposable income" that he will take from you to pay off your creditors.  And I can guarantee it's going to be a lot more then you think.  \n\nAbout 2/3's of all Chapter 13's fail because the debtor is not able to stick with the budget.  If that's the road you want to take, good luck.\n\nBut for only $12,000, that's not enough!
392439
If you fail the means test it is still possible that you might be able to file under Chapter 7 rather then Chapter 13 bankruptcy provisions.  If this is not an option you could try credit counseling.\n\nIf you are unhappy with the current bankruptcy law you should let your Federally elected Congresspeople know.
1182257
good luck trying to get one..\nhold off on another loan; work to pay off your current ones as of now..
432134
There is such a thing as No Money Down financing.  I did thatabout two years ago.  You have to pay an additional insurance payment each month.  We refinanced after a year, and the value of the condo went up, so the insurance payment is gone.
588329
There are many lendors who will give you a home loan one day out of bankruptcy, look in your yellow pages, they usually state this in their ad.  As long as you have a good job, and been there a long time, they will give you a loan.  And dont sign a lease for a year, do a temporary thing, so you can get a house asap!
1132837
find a partner you can trust ,search around private sector for financing partner don't jump in  make contract iron clad for instance 50% financing for %49%ownership  for ?10 years        this is not a financing offer!!! looking around your state is generally better   make sure your contract i s tight  observed have lookal police check up on you occasionally  to make sure contract is observed this is only an idea
881806
I filed for bankruptcy 4 years ago. I made payments to my lawyer. I couldn't really afford one payment. Some of them will offer a payment plan.check into it
689893
It takes 7 for chapter 11, 10 for chapter 13, and you can get your credit up by going into your bank and open a secure credit savings acct a loan from yourself use any amount then you borrow from yourself then pay your self back this will boost your scores, then you can open a small acct anywhere and pay it on time lenders look at the trade line and how well you took care of the account if you have bk on you credit
765780
hey dont lose hope dearie I am sorry to hear that, Ive been through a lot of financial troubles too and I always got assistance from NHBS, Inc. they are a team that works with the best lending institutions...try contacting them and I do hope you'll get thru all these ,\n\nhttp://www.newhorizon.org\n\nIm sorry I can only give you their site, not contact info but I think it can be seen on their site too\nall the best\nhave a super day
50195
That means thanks to president bush's new law the chapter 13 will not confirm the bankruptcy because for whatever reason he/she feels you have the means (money) to repay your unsecured debt! Now you will go into court before the chapter 13 trustee, and file for 13 instead of 7 or 11! This means additional attorney fees, trustee gets paid a fee too (of course), as well as months more of your time spent in a court room. Thank God we elected Bush! He has screwed up so many areas of our judicial system. Look at his brainstorm idea working for Medicare's drug plan.
803419
I don't believe that they can take this money, but I would ask the attorney that is handling your bankruptcy, he will know the answer to this.
320810
Thin Kaboutit is entirely correct.  When a company goes into bankruptcy (which may still happen, you just don't know) then one of several things might happen.  First, it may never come out of bankruptcy, so your purchase is worthless.  Second, it might manage to come out of bankruptcy, but get rid of all it's old shares.  This is perfectly legal and has happened to many people who bought stocks like this, especially around 2000-2003.  In this case you are entirely out your money.  In a few cases, they may actually come out of bankruptcy, devaluate their old shares, and offer you something in exchange (like warrants-Chiquita did that a few years ago, for example).  And if you are VERY lucky, it may actually work for you.  But your odds are quite small.  There is no telling where Delta is going right now, if you decide you want to take a chance, just don't invest money you can't afford to loose.