have a job but just filed chapter 7 bankruptcy and need a car with no down payment or a loan.wont get discharge papers for 2 months.
Updates from March, 2010
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how to buy a car before filing bankruptcy and not having discharge papers for ninety days.and with no down pymt
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how bad would financials decline if Lehman was to file for bankruptcy?
How many percent do you think? Would Dow Jones drop more than 400 points?
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If someone commits bankruptcy fraud, should it be reported to the authorities?
The person declared bankruptcy and transferred the assets he/he owned immediately before the bankruptcy to another person? his/his lawyer assisted his/him. Should he get in trouble also? Should the Trustee be notified???
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curious? If 1 apply's for chap 7 bankruptcy, does having a mortgage current affect the situation?
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Is a Chapter 7 debtor's home mortgage limited to reaffirmation, redemption or surrender, before exempt?
I am waiting for my attorney to get back to me the following week. In the meantime if anyone knows the answer to this, I would really appreciate it. I have already filed and had my court date for my Chapter 7 bankruptcy. My Chapter 7 bankruptcy may be finalized on January 30 2007, and I may be released of some unsecured debt.
On my "Debtors Statement of Intention" document, we put "Surrender" for my car, and that’s exactly what I’m doing with it.
For my house we put "Exempt" which made the equity exempt and allowed me to keep the home without a forced sale. The problem and question is with my home. The mortgage company’s lawyer is pressuring me to "Reaffirm" by January 30. he says of I don’t sign the reaffirm agreement then it may default to "Redeem" "Redeem" seems to mean pay a lump sum or surrender the property? The question is; Is a Chapter 7 debtor’s home mortgage limited to reaffirmation, redemption or surrender, before Exempt? My attorney says there is a 5th choice, do nothing. -
bankruptcy take away credit card dept?
does chapter 7 resolve credit card dept in florida,,,if i file may it wipe it away..a friend wants to file and hes got allot of credit card dept
this is in florida
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What happens to my New Century Stock if the company files for bankruptcy protection?
I have 500 shares of New Century (NEW) stocks. I was just wondering if they would be totally worthless if the company files for bankruptcy protection.
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Has anyone filed bankruptcy since the laws changed?
I’d like to know what you went through. Also, has anyone used the services of Debt Consolidators or Debt Settlement? How did that turn out? Serious answers merely please. Don’t get cheesy and go for the points!
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Can someone recommend bankruptcy software or package?
I am in Georgia and need to file bankruptcy, I dont want to use a lawyer. some recommendations?
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What is an estimated rate we might qualify for on a mortgage?
Hi I was wondering if anyone might know (or had simular issues) what an estimated mortgage rate would be for us. We would pre-qualify, but we are trying to keep our credit inquiries down as we may (hopefully) be looking to buy in the next year. Here is our situation:
* Married first time home buyers. Median FICO’s of 568 and 571
* I filed Bankruptcy 2 years ago. My Husband has not filed bankruptcy before.
* I have been in the same field for 6 years.
*Husband has been a full time student.
*We and have paid off some outstanding debts except 1 car payment of 0 and a student loan of 0 each month both with excellent payment history.
*Our approx gross income is ,000/year.
*We have ,000-,000 for downpayment.
*Neither of us have a current rental history as my company takes care of our living arrangements (medical traveler).some comments or thoughts? Thank you
If the rate we are given is high (sounds like it may be) then if there is no penalties, Would it be likely that we could refinance in a few years before esablishing payment history and having better credit scores?