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What Is a Reaffirmation Agreement in Bankruptcy?

Sawin & Shea

However, not everyone can afford the payment plan, and thus many choose a Chapter 7 bankruptcy, which can more easily wipe out their debt. For those that choose a Chapter 7 bankruptcy, a reaffirmation agreement can help protect property from being repossessed as collateral. Some criteria must be met.

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How to Remove Bankruptcy from a Credit Report

Sawin & Shea

Whether you are filing for Chapter 7 or Chapter 13 , we can assist you, both with the process of filing and even after your bankruptcy has been discharged. Credit Scores: What Happens When You File for Bankruptcy? The two primary types of bankruptcy are Chapter 7 and Chapter 13.

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How To Remove A Bankruptcy From Your Credit Report

Better Credit Blog

How Long Does a Bankruptcy Stay On Your Credit Report? The amount of time a bankruptcy stays on your credit report is determined by the type of bankruptcy you filed for. A Chapter 7 bankruptcy will be removed from your credit report automatically in 10 years because, in this case, none of the debt is repaid.

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Can You Get a VA Loan With Bad Credit?

Credit Corp

How to Get a VA Loan After Bankruptcy or Foreclosure You can still qualify for a VA loan even after filing for bankruptcy or foreclosure, though you may be subject to a waiting period before you’re eligible. Here’s an overview of how to get a loan after foreclosure or bankruptcy.