bankruptcy

4 minutes read
If you had to file for Chapter 7 Bankruptcy, don’t worry, you aren’t alone. Millions of Americans have to file for this BK in order to get the fresh start that they need. It’s how you conduct your finances after the discharge of the Chapter 7 bankruptcy that will determine your ability to buy a house in the near future Looking for Current Mortgage Interest Rates? Click Here. THE WAITING PERIOD Each loan h...
5 minutes read
Filing for Chapter 13 Bankruptcy does not mean that you are ineligible for new credit. This form of bankruptcy allows you to keep personal property and even the debts you have. The program simply restructures the debts so that you can pay them off within the next 3 to 5 years. There are a few loan programs you can apply for a few years after filing for Chapter 13 bankruptcy, but FHA loans only require that you ...