Herrin Law

chapter 7 bankruptcy

Buying a House After a Chapter 7 Bankruptcy

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 filed a chapter 7 bankruptcy and received a discharge, you …

Buying a House After a Chapter 7 Bankruptcy Read More »

How Does Chapter 7 and 13 Bankruptcy Affect My Credit?

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. Most people see a significant increase in their credit score …

How Does Chapter 7 and 13 Bankruptcy Affect My Credit? Read More »

image of expensive dinner ware

How Bankruptcy is Affected by Inheritance

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 before filing, then you should discuss with your attorney on …

How Bankruptcy is Affected by Inheritance Read More »