debt

Timeline of bankruptcy events

 
What happens before, during and after bankruptcy
 
30monthsChapter 7: FHA-insured mortgage
 
Two years after discharge; consumers are eligible.
Eligible after a year if the consumer shows he or she is responsible with his or her financial affairs, the bankruptcy was caused by circumstances beyond his or her control and that the circumstances are not likely to happen again.
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 RESOURCES
Bankruptcy: Before you file
Bankruptcy: When you file
Bankruptcy: After you file
 TOP STORIES
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Debt Adviser

Pay off $50K card debt fast?

Dear Debt Adviser, I have a debt of $50,000 from balance transfers and credit line accounts. If I were to pay just the minimum due every month (which is what I can afford now) how long will it take to clear including... Read more

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