if a person files bankruptcy a second time after 6 years and still get a mortgage loan?

Question

also can a person keep a car they just got financing for. this person has been in an out of the hospital and that's the reason for having to file bankruptcy again trying to catch up after being off work for long periods of time it has become really hard to catch up

Answer 1

If you filed bankruptcy the second time no you can't get a mortgage because your credit will be tarnished for a long time. You're too high of a risk to be a candidate for a mortgage or loan.

Answer 2

At this site you can find solutions from different companies: RATESCOMPARE.INFO-

RE If a person files bankruptcy a second time after 6 years and still get a mortgage loan?

also can a person keep a car they just got financing for. this person has been in an out of the hospital and that's the reason for having to file bankruptcy again trying to catch up after being off work for long periods of time it has become really hard to catch up

Answer 3

We filed bankruptcy twice - 1985 and 1998. Chapter 7 the first time and Chapter 13 the second. So the second time we paid back everyone. It has been discharged almost 3 years, and we can't get a car loan without 20% down, and there is no way we could get a mortgage cause our credit is non existent.

I want to know how you can file twice in 6 years, when the bankruptcy judge told us 7 years was the minimum.

Answer 4

Doesn't matter what kinda hardship a person has, they're still liable for their bills. After bankruptcy,yes can get financing but at bankrupcy #2 in 6 yrs,I doubt it / will have to have a co-signer, or co-corrower (name is 1st on loan) & thats who's responsible to make the payment each month. And finance charge tacked on each monthly payment will be like 50 % of interest rate,or more. Also cannot put title in that persons name-because they are a HIGH risk. My company told a client of mine last week to catch up/double up on outstanding bills & reapply in 12-15 months to see if credit score has changed.

Answer 5

You can if you search for it but you will pay a higher rate.

You know you can remove the bankruptcy well before it is supposed to fall of.

Once the bankruptcy has been discharged; it goes to the Federal Archives.

When you dispute it, the bureau must investigate it within 30 days.

It typicalltkaes longer then 30 days to dip into the archives and reverify and it is typicall easy to remove.

Read up on it here: http://www.expert-credit-advice.com/

Answer 6

U guys are being made to slog and enslaved for life by these credit card companies. I would appreciate if someone can file bankruptcy twice in 6 years. He is really good. why bother he can get a loan or not he can buy peace of mind.