what happens to my loans when I file for bankruptcy?
What happens to the car loan I got a month ago when I file for bankruptcy? I can afford to pay it, but not the rest of stuff.
What happens to the car loan I got a month ago when I file for bankruptcy? I can afford to pay it, but not the rest of stuff.
Can’t access my mortgage or car loan. Both are current and will not be effected by the bankruptcy.
My friend is planning on filing bankruptcy, we were wondering if her car loan will be discharged and she’ll get to keep her car.
I recieved a notification in the mail that stated my wages would be garnished by a credit card company. I am currently unemployed but will be employed soon. I know they can garnish about 25% of my wages when I become employed. I owe to more than one credit card company. I owe in total about 00 to different credit card companies. Should I file bankruptcy? If not, how long will it take to have the 00 paid through garnishment?
Also I have a car loan that is completely up to date and the payments are on time. Will this eventually help me bring my credit back up?
I have really good credit. My fiance made some really bad decisions in the past and has terrible credit. (credit cards, overdrawn bank account car loan …..) We are buying a home . We are planning on getting married next year. I am wondering would it be better for him to consolidate his bills and us try to pay them off or should he just file banktruptcy? We plan on doing something before we get married. We dont have any savings and I have a child and he has three from a previous marriage that he pays support for. My concern about debtconsolidation is that we wont be able to make the payments with everything else we are having to take care of. How bad is a debt consolidation or bankruptcy going to look when we do tie the knot if I have really good credit. Also what kind of affect does that have if any on employment?
I am already buying a home so that is not an issue
I am also being told that chapter 7 and chapter 13 affects your credit in the same way and tat both stay on there for ten years
He no longer has credit cards or bank accounts. All of these things on his credit have been on there since before I met him. I asked for financial advice not for someone to make negative comments about bad decisions made in the past. As for having a budget we already live togather and pay all the bills togather We already have a home that we are buying.
We both work. Who doesnt?
I have a car loan for 10k and about another 10k in debt. My fico is somewhere around 425. Trying to determine if I should file bankruptcy or just pay off my debt. Can anyone help?