scottsdale bankruptcy lawyer: Part II - Real Property Basics in Chapter 7 Bankruptcy in Arizona..... - 03/07/10 12:42 AM
Click here for Part I of Arizona Property Law basics & Bankruptcy Chapter 7
Question: How long is a Chapter 7 bankruptcy going to stay on my credit report?
Answer: Chapter 7 stays on your credit for 10 years. Chapter 13 stays on your credit for 7 years. Within two to four years, your credit could get up into the 600’s. It just depends on what you do. The best thing you can do is re-affirm your car. When you re-affirm your car, you keep making your payments, and that builds up your credit. You build up your credit the same way … (0 comments)
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scottsdale bankruptcy lawyer: LOAN MODIFICATION OPTIONS: FILING FOR CHAPTER 13 BANKRUPTCY IN ARIZONA - 11/14/09 08:07 PM
Sometimes an Arizona homeowner simply has too much debt to qualify for a loan modification (often making the "back-end" debt-to-income ration unattractive to the loan servicer or modifying lender). In these circumstances, it may be wise to investigate whether filing for Chapter 7 bankruptcy in Arizona can assist the homeowner in improving their loan modification profile.
The following is a general overview of the process for filing bankruptcy in the State of Arizona. Additional steps may be required depending upon the nature of your case. Please consult an Arizona bankrupsy attorney.
(1) Meet with your Attorney to discuss your case. Basically … (0 comments)
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