Posted on: 31st Jan, 2010 09:51 am
i recently filed bankruptcy with my wife. we need $45000 to finish construction on our second house. it is not liveable yet. we own the ground it is on, we own the mobile home we live in right now, and we also have the title to a vehicle which is payed off. if we put up $8000 down payment and used the ground and vehicle title for collateral, what are our chances of getting a loan anywhere?
Hi,
Chances are less that you'll qualify for a new loan as you have recently filed bankruptcy. You need to wait for a minimum of 2 years to qualify for a loan after a bankruptcy discharge. Have you been discharged from bankruptcy? When have you been discharged? What are your current credit scores?
Chances are less that you'll qualify for a new loan as you have recently filed bankruptcy. You need to wait for a minimum of 2 years to qualify for a loan after a bankruptcy discharge. Have you been discharged from bankruptcy? When have you been discharged? What are your current credit scores?