I am currently in a chapter 13. Will I be able to keep my home if I change my filing to a 7?
596936
That is a question for a local attorney, bankruptcy law is state specific.  The state you reside in determines the answer combined with your personal circumstances.
453879
You and your credit score and not going to win on this one. Go to the lender immediately. Talk frankly with them...they may offer you options, they may not. But it cannot hurt, and it well may help. The lender will NOT want you to file bankruptcy unless they hold a deed of trust. IF they hold a simple mortgage, the property will be tied up for at least 6 months, maybe more. They may be very lenient with you to avoid the problems associated with bankruptcy. Even with a Deed of Trust, Bankruptcy throws a serious wrench into the foreclosure process. Talk to them, not us...they have better answers than we do. Either way, don't plan on your credit score to be very high for many years...up to 7. You can carefully rebuild your credit, but a filing of bankruptcy may live on longer than 7 years, considering the changes in bankruptcy laws last year. In fact, you may not be able to claim bankruptcy because of the changes in the law. Check it out with an attorney and the lender.
113429
You cannot get it changed. You had nine months from separation to get it changed. If you commited acts of misconduct then they are not going to change that for you.\nFor the most part you are screwed unless you dad or uncle is a Congressmen
779725
Chapter 7 = 10 Years after discharge or dismiss\nChapter 13 = 7 Years after discharge or dismiss\n\nWanna get rid of it? \n\nThis worked for me: http://www.expert-credit-advice.com/credit_repair_service.htm\n\n\nIt was the 1st item to come off my TransUnion report. \n\nMine was 3 years dismissed, and from what I understand if its a recent bankruptcy, it harder to be removed and you will have to wait until at least 18 months after dismiss or discharge, and even then it may take some effort....
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?
65163
You did not mention which chapter you filed (7 or 13), and whether you discharged federal/state tax debts along with your other debts. Your attorney should have informed you how long and how much of your refunds the IRS or state tax agency would keep. You can also contact the Treasury Department's Financial Management Service, which runs the refund offset program to confiscate refunds and apply them to federal debts. The "Treasury Offset Program" (as the program is now called) is described in the first link below. You will want to contact them and find out what debts you owe and how much.\n\nAlso, this is simply a conjecture, but I would guess that your refunds are being applied to back taxes you might owe (and were not discharged). You can find out how much you owe in back taxes by calling the IRS and asking them to detail how much you owe by year. You can call the IRS directly at 1-800-829-1040 (that's 800-TAX-1040, if that's easier to remember).\n\nAlso, for future reference, the bankruptcy laws changed in October 2005. There's new rules for how bankruptcy and taxes interact with each other. I have detailed the tax aspects of the new bankruptcy laws in the second link below.\n\nHope this helps -- no definite answers, just places to look for the answers. \n\nWilliam Perez\ntaxes.about.com
831591
If you aren't sure of what the changes are or how they will affect your family, talk to your Human Resources person...they should be able to fill you in on the details!!  Good luck!
1127799
Once it is filed, yes. Although a Chapter 13 you are paying debts off through the court. You fail to keep up the payments, your bankruptcy gets discharged back to the creditors to collect.
646454
I have been working in the mortgage industry for about 4 years now. Let me tell you up front, in all honesty, it's MUCH more difficult to work with someone who has a previous bankruptcy than someone who doesn't, even if both customers have the same credit score! From a lenders point of view, when you have a bankruptcy we automatically downgrade your credit grade even if you're credit is restored and you have a 700 score. Normally a 700+ score would place you in an "A+", "A", or "A-" credit grade depending on a few things such as mortgage payment history. However, when we see a bankruptcy less than 7 years out, we will bump you down to a "C" credit grade or less. Which means you won't be able to obtain maximum financing. Most lenders max out at 80% or 85% LTV (loan to value) with "C" credit grade / bankruptcy. That means if you wish to purchase a $100K house, you would only be able to finance $80K or $85K of it. There are lenders out there that will still lend to customers who may be even one day out of discharge, but you're going to get raped on the rate. It's always best to avoid bankruptcy at all cost! If you have to do it, look into filing a chapter 13. Filing a chapter 7 is basically like throwing up a big middle finger and saying I'm not paying anyone any money. That's why it has a 7 year period. In all reality though, I still have customers come to me that had a bankruptcy more than 7 years ago and I STILL see it on their credit report. Chapter 13's typically last anywhere from 2-4 years, and in a C13BK you work to pay back negotiated amounts. This will always look better than paying back nothing at all.
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.
985459
First, before filing Chapter 7, ask you attorney to work with your creditors to see if they can reduce the debt owed by paying a certain percent of the debt owed (i.e. $.25 on the dollar) with a monthly payment plan in place.  If it is in your budget to do so, this is your best avenue.\n\nIf this is not an option and you do have to file, it will take a little while to rebuild your credit.  BE PATIENT.  You will not be able to buy a house or car (without paying outrageous interest rates or exorbitant fees) right out of the gate and will more than likely end up in the same position once again.\n\nYou will be bombarded by credit card companies to "help re-establish your credit".  It would not hurt to get ONE credit card with a very low line of credit ($500).  Use this only in case of emergencies and pay off as quickly as possible.  \n\nMost important is to be patient and not get yourself into the same boat again.  Within a few years (3 or so), you should be able to pursue home ownership or car purchases.
1088032
You can file Pro Se (yourself) - however, your median income must be below your state's average median income to even qualify for Chap7 - AND you have to complete a financial management education course BEFORE you can even file.  You can call the Trustee's Office in your area to get a list of approved classes .......If you don't qualify for Chap7 you will be forced to go Chap13 (if you want bankruptcy protection)....\n\nFilling out the actual documents are pretty straightforward....but first you should determine which Bankruptcy so you don't have to fill out the forms twice.......\n\nMedian income is based on the last six months.....so if you lost your job recently, you may not qualify....
493123
I believe federal taxes can be included, but you need to make sure that you file all the returns prior to declaring bankruptcy, otherwise the IRS can convert your bankruptcy from 7 to chapter 13.\n\nFor a more definite answer, I'd go to a lawyer.
251638
Depends on your state and how much equity you have in the house-- some companies do Bankruptcy buy-outs-- chances are though-- if you filed bankruptcy, then you don't have the equity to do the refi-- or you would have used the $$$ to pull yourself out of debt.  Chances are you will need to wait a little while
783411
I purchased some stock from a company who recently filed chapter 11 (lost some money, but that's another story), but I think they are required to send you or instruct your agent to send you notice of their filing.\n\nI am not sure, I only deal with chapter 7 and 13 bankruptcies.
670507
It will be your principal residence even if you are not living in it at the time of renovations.  Don't deal with the morons at a call center.  Find an agent in your local community: http://nwinsurance.nationwide.com/nwagentlocator/find.asp
191386
As previously stated, it will depend on what kind of debt you are talking about.\n\nStudent loans, child support, taxes, and other debts can not go away with a bankruptcy.\n\nMortgages and car loans, or any type of secured loan can be included, but you still have to pay those loans or have the property repo'd.  But the interest rates and payments may be a little more favoriable.  \n\nOther loans will be handled in a bankruptcy, including the judgements.\n\nBut.....(yeah, there are always "buts")\n\nThey do not get erased unless you file for a Chapter 7.  The new bankruptcy laws passed last year make it more difficult for people who currently have an income to file Chapter 7's.  You will be forced into a Chapter 13, which means you have to pay back a portion of the debt.  The amount depends on your current income, and the state you live in.\n\nPlease take the time to read the link below.  It has info on the new bankruptcy laws.\n\nIn my opinion, unless you owe a whole lot of money, it's not worth filing bankruptcy.  You need to find a way to negotiate with the creditor.