I want to get this Harley Davidson on a payment plan, but also to rebuild my credit rating. Can I go out now right after my recent Chapter 7 discharge of Debts and purchase this motorcycle. Will I get into any trouble with the Court, trustee or the creditors. Am I allowed to do this or I have to wait a while before I make any major purchases.
just wondering what happens when you go bankrupt like honustly. cause i got tould if you file for bankruptcy its 3years you cant apply for anything and it stays on your file for up to 7years. is it possible to repair your credit like no jokes or hoaxes. i looked online but they all full of shit and i just wondered if anyone knows if you can repair or fix your credit rating. i always get knocked back when i apply for a loan or credit card or even a phone. and i wanted to know what i have to do to get everything back on top again even if i have to pay more interest or whatever. anyway possible or do i have to wait 3-7years before i can get a credit card, loan, or house loan. there must be a way, anyone?, also is it really 7 years or is it longer or does it still stay on file. whats the deal. anyone know
My wife and I are planning on moving to Texas and when we do we want to buy a home as opposed to renting.
My wife has a 630 credit rating and I have a 625 credit rating. However, I had a bankruptcy discharge in my name only one year ago.
Will we qualify and what should we expect a monthly payment to be on a 0,000 home. Can we get zero down? What kind of interest rate should we expect?
Any help would be appreciated.
David
Our six months will be up the first of october, and as of now we owe nothing, and have a savings acct, and a checking acct that bears interest on our balance. our credit rating was only about 400 when we filed.
When i was young in college i received 3 different credit cards, maxed em all out never repaid them, i also took out many money payday loans, never repaid those, and now i can’t get anything because my credit is so jacked up. i also have some other things that are on my credit report & i don’t know what to do i have never purchased anything and basically i feel trapped because i will never be able to get anything without a decent credit rating. should i file bankruptcy or where do i begin?
I’m probably going to be filing chapter 7 around the Aug. 1st. I desperately need to buy a car when school starts in the fall around Sept. 1st. I don’t have to worry about my credit rating as my uncle will co-sign for me. Should I postpone filing bankruptcy till after I buy the car or go as I had planned.
Also, My uncle is requiring me to have ,000 as a down payment. I have 0 in a 401k plan at work which I want to liquidate which I wanted to use. Could this have consequences in court. What if i liquidate it and never report it.
PLEASE HELP?!?
I’m probably going to be filing chapter 7 around the Aug. 1st. I desperately need to buy a car when school starts in the fall around Sept. 1st. I don’t have to worry about my credit rating as my uncle will co-sign for me. Should I postpone filing bankruptcy till after I buy the car or go as I had planned.
Also, My uncle is requiring me to have ,000 as a down payment. I have 0 in a 401k plan at work which I want to liquidate which I wanted to use. Could this have consequences in court. What if i liquidate it and never report it.
PLEASE HELP?!?
We are refinancing our house to pay off some credit card debt. I have heard that the debt management companies will negotiate on your behalf and either lower the interest rates or lower the amount they will accept to pay off the debt. I have also heard you can do that yourself.
Anyone have any experience with this tactic? I have also heard that trying to settle for a percentage of your balance will wreak havoc on your credit rating. Is it worth it to save a couple of thousand dollars?
Do you try and reach an agreement with the first CSR you talk with, or does it only count if you negotiate with a manager or other official? Should you get the agreement in writing, as well as any effects on the credit rating? What is an appopriate percentage to ask for (50%? 60%?), or does it depend on factors like amount owed, past payment practices, etc.? Does it help to threaten you might be filing for bankruptcy if they do not settle?
I am confused as to what to do – my husband and I recently reconciled and between the two of us, we have ,000 in unsecured credit card debt. Although he makes very good money, approx. 00 per month, we cannot keep up on all the minimum payments for these cards, let alone trying to pay the principal.
He has a car payment and we own our house (or we will in 27 years anyway 
– we have not been late on the mortgage as that is our top priority. We also have 4 kids…… should we file? We figure since we have the house and vehicles that we can deal with the bad, bad credit that this will result in but are we forgetting something?
We considered a debt consolidation but we heard this is more often then not a scam and ruins your credit as much as or more then a bankruptcy. Any advice is appreciated ~ thank you.
Unfortunately all the late payments have resulted in a credit rating in the 500’s which is too low to qualify for a re-fi.
I have about ,000 in debts. Mainly from credit cards dating before 2002. I used to pay my bills on time, however, in 2002 I was diagnosed with a disabling illness and fell way behind on my bills. I no longer am able to work and have been on Social Security Disability Insurance for 6 months now. Would it be worth filing for Bankruptcy? or should I just wait till the "7 year reporting period" from creditors have passed, and not file? I really want to improve my credit rating ASAP! Also, I live in California and I’m planning on moving to Texas very soon. IF I should file for BK, Should I do it in CA or TX?