Can you purchase a home after your bankruptcy is over? The short answer is ABSOLUTELY! I have had hundreds of clients successfully purchase homes after they received their bankruptcy discharge. The bankruptcy discharge is what you receive once you have completed your bankruptcy. If you… Read More »Buying a House After a Chapter 7 Bankruptcy
chapter 7 bankruptcy
Client received a chapter 7 discharge. A Creditor continued reporting the discharged debt on his credit. Client hired us and in 60 days we were able to get the $10,000 cash settlement for the Client.
The number one reason why most people never consider bankruptcy is because they think it will destroy their credit and their ability to get credit in the future. But this isn’t true. Bankruptcy is a legal way for you to responsibly address your financial situation.… Read More »How Does Chapter 7 and 13 Bankruptcy Affect My Credit?
When you file bankruptcy, you are required to disclose all of your assets. This includes any inheritance you may receive (even if you have not received it). The most important fact regarding an inheritance is when the person passed away. If you receive the inheritance… Read More »How Bankruptcy is Affected by Inheritance
In order to qualify for a chapter 7 you must pass the means test. This is a form you fill out that lists your income and expenses and compares them to the median income/expenses for people in your zip code. In order to determine what… Read More »What is the maximum income for Chapter 7 in Texas?