Bankruptcy Help Blog | Resources for Getting Help
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This blog provides a means for sharing information on how to avoid banruptcy and on how to go through it if you cannot avoid it. We hope you find the information in these pages useful for getting your financial situation back in order.
Posted on 26-03-2009
Filed Under (Bankruptcy) by admin
prettycre8ive asked:
Hi,
The 2-year ARM on my home mortgage (two mortgages) expires August 2008 (home purchased August 2006). However, I filed a Chapter 7 bankruptcy in 2007 (discharged in July 2007). Will I be able to refinance this year? I’ve heard that Ch. 7’s are different from Ch. 13’s in terms of the refinancing waiting time.
Hi,
The 2-year ARM on my home mortgage (two mortgages) expires August 2008 (home purchased August 2006). However, I filed a Chapter 7 bankruptcy in 2007 (discharged in July 2007). Will I be able to refinance this year? I’ve heard that Ch. 7’s are different from Ch. 13’s in terms of the refinancing waiting time.
kaydeebug1977 asked:
I just received a letter of foreclosure on my house. I’m not going to be able to come up with the amount of money needed in the time allotted to stop it. So I’m considering filing for bankruptcy. If I do this, will they take my house anyway? I understand there are several different types of bankruptcy. I’m not trying to get out of my debt completely *unless that’s an option* so I don’t know if this effects whether we could keep our house or not. I need to know because if they are going to take it anyway, then I’d need to decide whether it’s better to have a foreclosure or bankruptcy on my credit.
I live in Texas. We have only owned this house since last September.
I just received a letter of foreclosure on my house. I’m not going to be able to come up with the amount of money needed in the time allotted to stop it. So I’m considering filing for bankruptcy. If I do this, will they take my house anyway? I understand there are several different types of bankruptcy. I’m not trying to get out of my debt completely *unless that’s an option* so I don’t know if this effects whether we could keep our house or not. I need to know because if they are going to take it anyway, then I’d need to decide whether it’s better to have a foreclosure or bankruptcy on my credit.
I live in Texas. We have only owned this house since last September.
Posted on 16-03-2009
Filed Under (Bankruptcy) by admin
BusyBuddy asked:
Would dealer’s sell Chrysler for more money? Less money? Or would the bankruptcy not affect sales at all?
Would dealer’s sell Chrysler for more money? Less money? Or would the bankruptcy not affect sales at all?
Posted on 15-03-2009
Filed Under (Bankruptcy) by admin
common sense asked:
I want to buy a new car but the everyday news talks a lot about the bankruptcy of some auto makers. I just wounder if I should wait till the end of the year or this kind of news have no much affect?
I want to buy a new car but the everyday news talks a lot about the bankruptcy of some auto makers. I just wounder if I should wait till the end of the year or this kind of news have no much affect?
Posted on 10-03-2009
Filed Under (Bankruptcy) by admin
Drifter asked:
I know that a few years back, a new law came in effect that if you declare bankruptcy, you still have to pay back. Is this true? If so, how long do I have to pay back? How does it work?
I know that a few years back, a new law came in effect that if you declare bankruptcy, you still have to pay back. Is this true? If so, how long do I have to pay back? How does it work?
Posted on 08-03-2009
Filed Under (Bankruptcy) by admin
~ asked:
If I file Chapter 7 bankruptcy how long does it stay in your credit report, and what are other issues those this bring?
If I file Chapter 7 bankruptcy how long does it stay in your credit report, and what are other issues those this bring?
Posted on 06-03-2009
Filed Under (Bankruptcy) by admin
Dennis L asked:
My bankruptcy was discharged on December 2008. I am aware that my appointed trustee will collect my income tax.
My bankruptcy was discharged on December 2008. I am aware that my appointed trustee will collect my income tax.
I would like to know when the trustee will take the proceeds and how he will take it.
Will he take it after the tax deadline which is April 15?
Will he send me a letter on how and when to pay it?
I mean, what is the protocol?