You should be able to qualify for a home loan post-bankruptcy, though most lenders require that you wait two years after discharge.

One of the biggest concerns on the minds of those considering filing for bankruptcy is whether they’ll be able to buy the house they’ve dreamed of owning post-bankruptcy.  For many, it seems like an [...]

According to an article in the Star-Telegram, CIT Group’s Chapter 11 bankruptcy is a source of angst for the nation’s small and mid-sized retailers, many of whom rely on the lender for credit. CIT Group insists that its bankruptcy will not cause disruptions for the already instable retail industry which has watched revenues drop since [...]

When a debtor files bankruptcy there are debts that are dischargeable and other debts that cannot be discharged during bankruptcy.  Let’s take a look at some of the things you may still need to pay after your bankruptcy discharge:

Student Loans. If you file bankruptcy and owe student loans, they will [...]

According to an article in the Star-Telegram, Frontier Airlines emerged from Chapter 11 bankruptcy under the new ownership of Republic Airways Holdings, Inc.  Republic gained control of the bankrupt airline with a $108.8 million bid in bankruptcy court, which included a plan for the cancellation of the airline’s old shares. But despite the bankruptcy buyout, [...]

When Nortel Networks filed for Chapter 11 bankruptcy protection, they left many employees who were right at the cusp of retirement with shattered dreams and unmet obligations.  One of those jilted Nortel employees was Linda Amick, who worked for the company for 24 years, according to an article in the Huffington Post.
The article said:
“It was [...]

With the housing market in constant flux, many people are trying to take advantage of “Short Sales” to get into the home of their dreams.  A “short sale” is where the bank or lender agrees to allow a house to be sold for the less than the balance of the mortgage due on the [...]