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It is certainly possible to lose your house in Chapter 7 bankruptcy. “If your mortgaged property isn’t excluded from a Chapter 7 bankruptcy, a lender with a lien can force its sale,” Adams says.
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.
Having a bankruptcy on your record can feel financially restricting. Declaring bankruptcy can cause your credit score to drop significantly and will stick around on your credit report for up to 10...
Key takeaways. There are two common types of bankruptcy: Chapter 7 and Chapter 13. Filing for bankruptcy is a time-consuming process that can take years to stop affecting your finances.
Keep reading to discover the pros and cons of buying a home in 2024. ... Get sweaters on sale for the whole family during Nordstrom's Half-Yearly Sale: Up to 60% off must-have brands. AOL.
“Buying a house has ruined me financially.” Don't miss Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in.
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