Bankruptcy

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Asked by Ashley
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
Bankruptcy provides legal protection through the court system and prevents creditors from taking legal action against you. There are several "types" of bankrup...
Q&A
Asked by Ashley
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
Bankruptcy provides legal protection through the court system and prevents creditors from taking legal action against you. It will remain on your credit report for sev...
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Asked by an anonymous user
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
The waiting period for Chapter 7 bankruptcy is 4 years or 2 years with "extenuating circumstances". It is helpful and commendable that they have continued paying on t...
Q&A
Asked by Keana
Answered by Caroline Gerardo
C G Barbeau in Newport Beach, CA
Have you met with a bankruptcy attorney? Lender or servicer is taking payments and you are current on the loan? Have you filed bankruptcy before?
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Asked by an anonymous user
Answered by Adam Witzburg
Mortgage Broker in Denver, CO
If you filed a Chapter 7 Bankruptcy, typically you will have to wait 2 years after the discharge date to be eligible for a new mortgage through FHA financing. There ar...
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Asked by an anonymous user
Answered by Carlos Contreras
ChFC® in Aventura, FL
The first thing you need to know is if Massachusetts is a jurisdiction state. If so, I would contact a certified foreclosure attorney there. In Florida, we have 12 mo...
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