Can you walkway from your Chapter 13 Bankruptcy payments without losing the two vehicles that i have?
I filed chapter 13 bankruptcy 3 years ago. i am not able to make the payments on my bankruptcy, but i dont want to lose my two cars. I have about 24 payments left, but i am not able to obtain certain necessities for my kids because all of my money goes to bankruptcy. I want to walk away from it like everyone is walking away from their homes. I heard that you could walk away, but i always thought you had to pay every month, so they dont take your vehicles away from you.
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Categories: information on bankruptcy Tags: 3 years, chapter 13 bankruptcy, money, necessities, two cars
Can I get a mortgage after a converted chapter 13 bankruptcy to a 7?
I’ve been renting for 3 years now after filing Chapter 13 in 2007. I’m converting to a 7. Will I be able to get a mortgage once the 7 is filed very soon after? My lease is up in May. I don’t have anything for a down payment or closing costs.
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Categories: information on bankruptcy Tags: 3 years, chapter 13, closing costs, mortgage
Is it possible to buy a home if my fiancee filed chapter 13?
I would like to get approved for at least 250,000 mortage loan. I make 61,500/yr and she makes 31,000/yr, but I don’t know if it is a good idea to include her because she filed chapter 13 roughly 2 – 3 years ago. What should I do? Thanks.
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Categories: information on bankruptcy Tags: 3 years, chapter 13
what happens to my investments if the mutual fund company goes bankrupt?
I have recently invested in a mutual fund but there have been rumors that the bank might go bankrupt. In that case what will hapen to the investments that I have made? Also as per the policy, I cant pull out my money for a minimum period of 3 years.
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Categories: information on bankruptcy Tags: 3 years, investments, minimum period, money, mutual fund
Is it better to wait out then go for chapter 11?
(Advice for a close friend)
No major Assets.
Self employed – Would this effect his Corporation?
If he goes chapter 11 – (he can qualify) he doesn’t owe anything
but would have to wait 10 years before he can earn credit.
My thought. Wait it out. If his business does really well. He can pay off the debt at a reduced rate which would look alot better.
Or wait 3 years less… Because I think that goes off in 7 years right?
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Categories: personal bankruptcy Tags: 10 years, 3 years, assets, chapter 11
How long after chapter 13 bankruptcy can you purchase a home?
Everything that i’ve read says that you can get a home after 1 year in a ch 13 bankruptcy, 2 years after ch 7 bankruptcy, and 3 years after a foreclosure. I am about to file a chapter 13, and wonder how long would I have to wait before I could purchase a home. Does anyone know the actual rule and could you point me to the website or where you got your information?
Thank you!
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Categories: information on bankruptcy Tags: 3 years, bankruptcy, ch 7, chapter 13, foreclosure













