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Capter 13 Bankruptcy

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kei97_99 Joined: 26 Oct 2008 Posts: 1 1.31 Dollars($)	Posted: Mon Nov 03, 2008 10:24 am    Post subject: Capter 13 Bankruptcy Like 0 Dislike 0 If my husband is filing Chapter 13 bankruptcy and we have no joint loans or accounts together...How does this affect my credit and my house?
greg1 Joined: 29 Jan 2008 Posts: 76 Location: Chillicothe, OH 24.38 Dollars($)	Posted: Mon Nov 03, 2008 12:58 pm    Post subject: Like 0 Dislike 0 It would not affect your credit since you have no loans together. He will still be paying the bills on a Chapter 13 in most cases. So, as long as he does that the house will be ok. _________________ Greg Phillips Mortgage Professional Web: Home Blog Message Board
smithsussane Joined: 18 Sep 2008 Posts: 10045 Location: Alaska 921.83 Dollars($)	Posted: Mon Nov 03, 2008 8:15 pm    Post subject: Like 0 Dislike 0 Hi kei! Welcome to forums! As you do not have any joint accounts with him, your credit will not be affected. Moreover, as your husband is filing chapter 13, there is hardly any chance of losing the house if he makes the payments on time. To know more about Chapter 13, have a look at the given link: http://www.mortgagefit.com/bankruptcy/chapter13.html Feel free to ask if you have further queries. Sussane
CHERYL Guest	Posted: Wed Sep 02, 2009 2:16 pm    Post subject: NEW MORTGAGE Like 0 Dislike 0 CAN YOU GET A NEW MORTGAGE WHILE IN A CHAPETER 13, IS ANY ONE THAT WILL GOVE LOANS IN THIS CASE
smithsussane Joined: 18 Sep 2008 Posts: 10045 Location: Alaska 921.83 Dollars($)	Posted: Wed Sep 02, 2009 10:46 pm    Post subject: Like 0 Dislike 0 Hi CHERYL! Welcome to forums! If you have filed for Chapter 13 bankruptcy, you won't be able to get a loan immediately. You will have to wait for some time after your bankruptcy discharge to get a loan. In case of FHA loan, you need to wait for 1 year after your discharge and for conventional loan, you'll have to wait for 2 years. Feel free to ask if you've further queries. Sussane

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