I went through bankruptcy this year and I want to buy a house so i can rent it out. what steps should i take? some resources may be helpful
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How steps to take to buy a house before going through bankruptcy?
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Has anyone filed for chapter 7 bankruptcy?
I am considering filing bankruptcy under chapter 7. Can anyone who has filed, tell me how bad it actually hurt you? My merely asset is a computer. people who never filed have told me it’s the worst thing to do, but I’m so far in debt that I don’t qualify to buy a house anyway. So I just wanted to know what it was really like from someone who actually filed chapter 7. Thank you
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If i file for bankruptcy can i still buy a house?
I’m thinking of filing for bankruptcy, to get out of debt. But I also wish to purchase a house. before filing how soon can I buy a house?
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Is it better to save for a large down payment or file for bankruptcy and then buy a house?
some of my debt is old and I don’t have some new credit. I do everything in cash pretty much and my debit card with my bank. I am trying to decide if I should just file bankruptcy and then wait 1-2 years to buy a house or just try to ‘risk’ it and save for a large down payment.
How much do you usually need down with bad or NO credit(1 place said I had no credit score). Also who soon can you buy before a bankruptcy?
I also wanted to contribute some my bad credit is old and I have the best job I have had for a long time. -
Is it better to complete a debt settlement program or to file bankruptcy?
I lost my job in early September and have run into some serious financial problems. I have a part time job and I should be receiving unemployment but they denied me at first and I have to wait for a hearing to appeal that decision, and they are wonderful backed up and I may not even find out when my hearing is for another 4 weeks. I took out a distribution from my 401k, went through that, and they are taking his sweet time getting another distribution sent out to me. None of my accounts have been sent to collections yet, but they are nearly there. I am considering bankruptcy or using 1 of those companies that negotiates better interest rates with my creditors and gets them to reduce my debt by up to 40%. I want to know which freeway I may recover from quicker. I eventually want to buy a house, take out student loans, etc. I keep hearing that bankruptcy is not as bad as it has been made out to be, and I have heard nothing about how debt settlement programs effect your credit. Does anyone have some suggestions?
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may you be willing and able to get credit before filing for bankruptcy ?
I am thinking I need to file for bankruptcy. I want to be willing and able to buy a house though in the next year or 2. How do people get credit before filing ? Can you buy a house before filing ?
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Chapter 7 bankruptcy was discharged 1 month ago. Can I get a 100% mortgage?
I got divorced last year and my ex wife decided to quit paying on the loans he agreed to keep while we were seperated. As a result of the divorce I was forced to file bankruptcy b/c I got stuck with some the bills we had together. he managed to drop my credit score from 720 to 550. My bankruptcy was discharged 1 month ago and I want to buy a house b/c I dont like throwing my money away in rent. Does anyone know of a mortgage company that may give me a 100% mortgage. My situation makes it tough but I know there is a company out there I just need to find them.
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Should I file for bankruptcy?
I’m 27 and want to buy a house but I can’t bc I’m about 10,000.00 in debt to about 15 credit agencies for random things and medical bills. I really can’t pay them off. I just started to pay 1 company off and they never report payments being made. I have 2 cars and pay well on them but always have a high interest rate. I’m not sure how to file of if may even help. Does anyone know about this or could give soem good advice. I’m kind of worried about getting scammed with those credit repair people. I’m in Illinois also…and if more info is needed just ask and I’ll contribute it on…thanks!
oh yeah and I have 2 cars bc my husband has 1 too….I’m working and so is he, but we have to live ya know….plus a second job is out bc I have a child…and I’d probably be working to pay for childcare.. -
where can i get a loan to buy a house before filing chapter 7 bankruptcy?
I live in Indiana, I’m filing chapter 7 bankruptcy, found another home I would love to buy, and that I can actually afford this time! I’ve been told that it is possible to buy a house even 1 day before disclosure, does anyone know of a mortgage company that may do this?
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Should I file bankruptcy or try to do a debt consolidation?
I’m a 23 year old single female at a loss…Here is a rundown of my debt. A ,000 FHA loan that got foreclosed on, ,000 second mortgage, i’m guessing about 25k in credit card debt and another 30k at least in hospital bills. And here’s a kicker. 1 of the credit card companies is suing me.
The house is already foreclosed on and i don’t have a car so i don’t need to do the 1 where they save your house and car.
I’ve heard that a bankruptcy on you credit follows you for the rest of your life, but a foreclosure may fall off in a certain number of years. I want to eventually be willing and able to buy a house again and have credit!