can you apply for home loan when filing chapter 13 bankruptcy?
352407
Yeah, but most lenders won't give you a loan.  Even if you get a loan it will have prohibitively high interest rates.
3856
good luck getting a loan if you've already filed bankruptcy.  a lot of companies won't loan to anyone who's already filed bankruptcy.
1079449
Chapter 7 Bankruptcy, which is total bankruptcy, stays on your credit report for 10 years. Chapter 13 Bankruptcy, more like a payment plan, stays on your credit report for seven years. Bankruptcy, however, is for life. Loan applications and many job applications ask if you have ever filed for bankruptcy. Ever. If you lie to get a loan because your bankruptcy is very old, technically you have committed criminal fraud.
483076
If you have to file go for chapter 7. A bankruptcy stays on your credit report for 7 years AFTER it's discharged. So if you go 7 it's dischatged immediately and if you go 13 it's\ndischarged after you finish making payments...about two years from now. So you credit will be bad longer with a 13. Also, most of the people you probably owe (credit cards, phone, etc)\ndon't care. They've made their money from you and will get a tax break from your defaulting on your payments...good luck on a new start.
892241
If you were to file a chapter 7 now on your credit report it will show that you would have filed 2 bankruptcies.  Under the new bankruptcy laws you will have to go to counseling before filing any bankruptcy and the counselors they are using are from Consumer Credit Counseling Services.  \n\nYou should continue with the chapter 13 or just payoff those bills with the funds you received from the sale of your home.  It will save your credit and you won't be turned down to buy another home in the future.   You also want to start getting your credit back on track by applying for a secured credit card.  Stay away from retail and department credit cards.  These type of cards are finance companies and will lower your credit score.
153746
when you go under chapter 7 you can finance a home the day you are discharged in most cases. To establish your credit you do need to get secured credit cards. Have someone you know and that trust you add you to their credit cards that always helps. Pay all your bills and accounts on time. When you go under chapter 12 that takes longer, you really can't do much until you are discharged. Chapter 12 takes longer to discharge because you have to pay back all your debt. Those payments all have to be on time along with your payments that are not in the bankruptcy.
906654
Bankruptcy is federal not state so it doesn't matter if you are in TX or not. You will probably be able to get a car but keep in mind that your interest rates will be MUCH higher than before the bankruptcy. You may even have to find a dealer that advertises "buy here pay here" which means they don't go through a bank or finance company so you will be much more likely to get approval.
678165
Need more information in order to give you an accurate answer.  It will depend on numerous factors:\n- Chapter 7 or 13?\n- 6 months since filing or since discharge?\n- Your credit score (even though it will be low bc of the BK you still have to have a credit score high enough to qualify for a loan)\n- The amount of down payment you are putting down?
474906
As long as you are not in default on any existing federal student loans, you can obtain new Federal Student loans (Stafford, Perkins, etc.), which don't require a credit check.  You will, however, have a very hard time finding private loans after having filed for bankruptcy and any company that will lend you money will probably do so at a very high interest rate.  I would be very cautious about using the link that the above poster supplied, too (notice how they ask for your SSN before they will send you an informational packet?!).  Apply only with legitimate companies (talk to your school's financial aid office if you aren't sure what's what).\n\nWhether or not a student loan can be discharged has no bearing on your particular situation (so I'm not sure why th first poster mentioned it).  To "discharge" a loan is similar to having that loan "forgiven" or "cancelled" -- it means that the lender is telling you that you don't have to repay it anymore.  This is NOT the case when a borrower files for bankruptcy -- a Stafford loan can't be discharged in a bankruptcy situation.  Even if you're destitute and you file for bankruptcy, you still have to repay this loan.  {Perkins loans actually can be discharged in a beankruptcy situation -- but, again, this has no bearing on your ability to obtain one now...}
901660
applying for bankruptcy will ruin your credit. It stays on the report for 7-10 years. You will not be able to get credit cards, loans, a house, car, etc.\n\nCall care one credit specialists, they can help you find a solution so that you dont have to file bankruptcy > well at least thats what their commercial claims\n\ngood luck
229683
You would be an idiot to be a co-borrower unless you get some benefit from the deal.  A bankruptcy will affect your credit score, and may even remove you from consideration depending on the rules of the loan.
775214
I am sorry but student loans that are underwritten (or subsidized or guaranteed) by the federal government can not be included in bankruptcy proceedings.\n\nIf you have a bona fide disability, I would suggest that you apply for Social Security Disability Income through the Social Security Administration.\n\nThe federal government is open to possible deferment of student loans in times of disability and low-income, but you can pretty much forget "forgiveness" of loans unless you are performing some kind of Peace Corps service or entering a field where there is a high need for human resources.\n\nIf in doubt, call the Department of Education and they have government assistants who can answer all of your questions about student loans.
206583
I filed for bankruptcy a year ago, and am now about to purchase a brand new home.  Bankruptcy is not the end of the world, however, you have to prove yourself a little bit more than others.  Continue to make all payments on time, keep them filed and neat (you will need to show these payments if you intend to make a major purchase) Start small with a small loan, nothing you can't handle.  Get a small amount which you really don't need, just to prove you can make the payments on time.  I make alot of payments with my Debit/ATM card, and hardly keep any cash on hand.  That way you have a document record of all payments and purchases.  Good Luck to you!
613183
Man!  Do I disagree with the comment about filing your own bankruptcy!  \n\nIf you are low income, there are provisions in the law allowing for some financial help.  Just ask the bankruptcy attorney.
112550
There are many loan companies that have the idea that since you just came out of bankruptcy you are a safe bet because you have no debt and can not file bandruptcy again for a long time.  Call around your area, or there is a good chance the furniture company has several lenders willing to help.  Ask them.  Good Luck.
37858
Most financial institutions these days have what they call "second chance" loans especially for those who have bankruptcy on their credit. If thats the only blemish on your hurt credit report then chances are they may be able to help. It is at a much higher interest rate but it is worth it to rebuild your credit and oh ya, by the way here is a tip for ya. If and when you do get a loan, pay the payments and take a long time to pay them off.\nYou see, the issue here is not that you paid in full but that you can show a good and faithful payment history. If they begin to see faithfull payments regularly then it out does the bankrupsy. most people make the mistake of paying something off too early and it shows a lack of payment history. So the best thing to do is stretch those payments out as long as possible so you can develope and good long payment history. It'l help especially if you ever go to buy a home.
1041720
I am not a lawyer, but I can tell you to take the denial for home equity loan paperwork to the court, so that they can see in black and white that you cannot come up with the money.\n\nNo court will just take your word for it, that you cannot get the money on a loan, maybe apply at three different banks and have all three denials with you when you appear before the judge.