Chapter 7 Bankruptcy Attorney The Chapter 7 bankruptcy is the most common form of bankruptcy filed. To determine eligibility for Chapter 7 bankruptcy, debtors must complete a Means Test which verifies how much money was made in the last 6 months; a Budget Analysis which determines what their income and expenses will be going forward; […]
Read more about Chapter 7 BankruptcyOne of the many myths out there about bankruptcy is that someone who files bankruptcy will never be able to buy a house. This is not true!
The current mortgage underwriting rules (which set forth the criteria for allowing a lender to approve a mortgage loan) allow a person to qualify for a mortgage two years after they file a Chapter 7 bankruptcy or after they’ve made twelve payments to the trustee in a Chapter 13 bankruptcy. That’s right, while you are in an active Chapter 13 case, you can purchase a house. There are hoops you must jump through, but it is possible!
Read more about Can I Buy a House After Filing for Bankruptcy?Skinner Law Services Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. […]
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