Many people who file for bankruptcy are concerned about never being able to buy a home. It is a myth that you will never be able to buy a home if you file for bankruptcy. Once your bankruptcy has been discharged, you can usually qualify for financing on a home as early as 18-24 months [...]
Our Free Article Library: Life After Bankruptcy
How to Get Approved For a Car Loan after Bankruptcy or With Bad Credit
Monday, August 24th, 2009If you’ve filed for bankruptcy, you may be wondering how to get approved for a car loan after bankruptcy. One way of re-establishing credit after bankruptcy is getting approved for a car loan. Once your bankruptcy closes, you can immediately apply for a car loan. While you may not get the best rate (you will [...]
How to Improve Credit After Bankruptcy
Monday, August 24th, 2009How to Improve Credit fter Bankruptcy If you’ve filed for bankruptcy, it’s important that you understand how to improve your credit after the bankruptcy has been discharged. Improving your credit is an important step if you hope to qualify for financing in the future. The first step to improving your credit after bankruptcy is establishing [...]
Is It Possible To Get Financing Even After Bankruptcy?
Monday, August 24th, 2009A commonly asked question is, “Is it possible to get financing even after bankruptcy?” In most cases, you will be able to get financing after bankruptcy – however, there are some conditions and things you need to be aware of. Most people think that they will not be able to get credit for 10 years [...]
Can I Own Anything After Bankruptcy?
Tuesday, August 11th, 2009If you’re considering bankruptcy, you may be wondering, “Can I own anything after bankruptcy?” A popular myth about bankruptcy is that you cannot own anything for a certain period of time after filing Chapter 7 or 13 bankruptcy. This is not true. After bankruptcy you are free to buy, sell, and own anything you want. [...]
What Happens After My Bankruptcy is Discharged?
Tuesday, August 11th, 2009If you’ve recently had your bankruptcy discharged, you may be wondering what happens next. Once your bankruptcy case is over, you are legally free of the debt obligations included in your bankruptcy. It’s important to check your credit report after your bankruptcy has been discharged. Make sure all your debts included in the bankruptcy are [...]
How Will Bankruptcy Affect My Credit?
Monday, August 10th, 2009If you’re considering filing for bankruptcy, you may be wondering, “How will bankruptcy affect my credit?” By law, a bankruptcy can remain on your credit report for up to ten years. This means that you will have a much harder time getting credit. You’ll likely have an extremely difficult time getting a home loan, and [...]
Can I Keep My Car in Bankruptcy?
Friday, August 7th, 2009If you are going through bankruptcy, you may be wondering about your car. Will you be able to keep your car in bankruptcy? In some cases, you can protect your car using the allowable bankruptcy code exemptions. The answer will depend on your particular situation, the state you live in, and the type of bankruptcy [...]