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

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

    Chapter 7 bankruptcy. Leslie Tayne, attorney and founder of Tayne Law Group in Melville, New York, says you’re eligible for a mortgage a few years after a Chapter 7 discharge of debt.

  3. 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 ...

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

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

    Chapter 13 can allow a debtor behind on mortgage payments and facing foreclosure to catch up on payments, reinstate the mortgage and stay in the home. Co-signers may not be held responsible legally.

  5. 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 ...

  6. Bankruptcy discharge - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_discharge

    [13] In Chapter 12 and Chapter 13 cases, the debtor is usually entitled to a discharge upon completing all payments under the plan. If the debtor fails to complete a required personal finance course after filing a Chapter 13, they will be ineligible for their discharge. Roughly 25-40% of Chapter 13 debts receive a discharge. [14]

  7. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    The 3/1 and 5/1 FHA Hybrid products allow up to a 1% annual interest rate adjustment after the initial fixed interest rate period, and a 5% interest rate cap over the life of the loan. The new payment after an adjustment will be calculated on the current principal balance at the time of the adjustment.

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