You will need to wait at least 2 years from the date of your Chapter 7 bankruptcy discharge to qualify for an FHA loan. There are a few exceptions that may allow you to purchase a home sooner.
Employer Can Discharge Debt Owed to Employee Benefits Trust
Employer Owing $500,000 for Failing to Pay into an Employee Benefits Trust Fund Can Discharge that Debt in a Personal Bankruptcy
Don’t Lose the “Automatic Stay” By Multiple Bankruptcy Filings
The protection of the automatic stay can be lost through multiple bankruptcy filings. How can you keep or impose the automatic stay for multiple filings.
10 Ways Bankruptcy Solves Tax Problems
Tax debt issues can be resolved through bankruptcy. A bankruptcy gives you the ability to discharge taxes, stop a tax garnishment, and set up a repayment plan.
In Bankruptcy, Is Jointly Titled Property Community Property?
In California, when one spouse files for bankruptcy, is the non-filing spouses interest in jointly titled property part of the bankruptcy estate?
Debt Owed by Contractor to Homeowners Was Fraud and Non-Dischargeable
Court of Appeals Decides Building Contractor Defrauded Homeowners and Owes Them $386,000 in Spite of Bankruptcy
Avoiding an Administrative Freeze on Your Bank Accounts
What steps should you take to avoid having your bank accounts frozen when you file for bankruptcy?
Can Stores Enforce Their Credit Card Security Agreement in California
Can a Store Credit Card repossess the items you purchased when you did not have notice of the security agreement. .
Court of Appeals Decides to Allow Bank to Put an “Administrative Freeze”
Court of Appeals Decides It’s OK for a Bank to Put an “Administrative Freeze” on Chapter 7 Debtors’ Bank Accounts
Debts Owed On Your Checking and Savings Accounts
Money owed on your checking and savings account gets reported to consumer reporting agencies focusing on bank accounts.
What Can You Do If you Paid a Relative Money Before Filing for Bankruptcy?
If you paid a relative or friend any money owed prior to filing for bankruptcy, then you may need to wait to file for bankruptcy. You may also be able to use a defense to this preference.
Can You Eliminate Checking, Savings Account Debts in Bankruptcy?
Debts that you owe to your checking and savings bank can be eliminated in most cases as part of a bankruptcy.