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  2. Getting a mortgage after bankruptcy: What you need to know - AOL

    www.aol.com/finance/getting-mortgage-bankruptcy...

    There are two main types of bankruptcy: Chapter 7 and Chapter 13. The former is the most common type, and it involves a liquidation of your assets, which go towards discharging most or all of your ...

  3. Can You Get a Mortgage After Bankruptcy? 4 Things To ... - AOL

    www.aol.com/mortgage-bankruptcy-4-things-know...

    Chapter 7 is the most common form of bankruptcy, allowing someone to completely eliminate (or liquidate) their debt after a specific amount of time. Chapter 13, on the other hand, restructures ...

  4. Chapter 13, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_13,_Title_11...

    The disadvantage of filing for personal bankruptcy is that, under the Fair Credit Reporting Act, a record of this stays on the individual's credit report for up to 7 years (up to 10 years for Chapter 7); [5] still, it is possible to obtain new debt or credit (cards, auto, or consumer loans) after only 12–24 months, and a new FHA mortgage loan just 25 months after discharge, and Fannie Mae ...

  5. How soon can you file Chapter 13 after Chapter 7 bankruptcy?

    www.aol.com/finance/soon-file-chapter-13-chapter...

    To get debts discharged through Chapter 13, you must wait four years after filing a Chapter 7 bankruptcy. You can file for Chapter 13 before four years if no debts were discharged in the Chapter 7 ...

  6. Personal bankruptcies are up. When does it make sense to file?

    www.aol.com/personal-bankruptcies-does-sense...

    "People misunderstand bankruptcy and wait too long to see a bankruptcy lawyer. ... "In Chapter 13, attorneys can allow for nothing upfront, put all their fees in the repayment plan, and on average ...

  7. Chapter 13 bankruptcy: What you need to know - AOL

    www.aol.com/finance/chapter-13-bankruptcy-know...

    Chapter 13 bankruptcy filings hit their highest level in 2010 when they reached 434,739 non-business filings. Filings declined significantly during the COVID-19 pandemic but have begun to rise ...

  8. What happens if you are late on your chapter 13 bankruptcy ...

    www.aol.com/finance/happens-chapter-13...

    From there, two potential consequences could occur: a case dismissal or conversion to Chapter 7 bankruptcy. Case dismissal. After one or more missed Chapter 13 payments, the trustee may file a ...

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