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If you are dreaming of obtaining a mortgage while in a Chapter 13 plan it is important to be prepared for the hurdles that may arise as you try to purchase or refinance a home. While it is a bit easier to get a mortgage after bankruptcy, it is possible to get a mortgage while

Student loans have become a major obligation for many Americans and can damage your credit or ability to qualify for a mortgage. We regularly receive questions on this from our clients and want to pass along some best practices related to student loans before filing for chapter 13 bankruptcy and after discharge. Student loans are

Mortgage rates have been trending down over the last several months and now in August 2019 have dropped to match the lowest mortgage rates in 3 years. There are many factors affecting the current mortgage market such as geopolitical tensions, Federal Reserve rate adjustments, and fear of an upcoming recession to name a few. This

There are a few factors that will have an impact on how much money you will need to have available for down payment on a home after bankruptcy.  The number one factor that will determine what your possible down payment could be, is the type of home loan you qualify for.   Peoples Bank Mortgage has

We are here to help set the record straight, and let you know that buying or refinancing your home mortgage after Chapter 13 Bankruptcy is possible.  There is a lot of misinformation about getting a mortgage after Chapter 13 Bankruptcy.  Understanding the following myths about getting a mortgage after Chapter 13 Bankruptcy can help you

A common question our team gets asked is; “what is the cost of filing for Chapter 13 Bankruptcy?”  First of all, before we discuss the cost, let’s identify what exactly Chapter 13 Bankruptcy is. Chapter 13 bankruptcy is a reorganization of your finances, allowing you to pay back all or most of your debts over the

For people considering filing for Chapter 13 bankruptcy in Texas, making  that decision to file will provide a solid structure for managing your payments over 3-5 years. Chapter 13 Bankruptcy in Texas is a reorganization of finances.  As opposed to liquidation, and crucially, allows you to salvage your home and avoid foreclosure. It’s often referred

Filing for Chapter 13 Bankruptcy provides US citizens with the opportunity to start afresh after a period of financial difficulty. There are many circumstances which can affect your ability to pay your bills, mortgage or keep up with other financial obligations. Losing your job or facing high cost medical bills are common examples and hundreds

A Chapter 13 bankruptcy is a long-term commitment and the process can take up to six years in total, including the time spent preparing for filing. Your monthly Chapter 13 Bankruptcy payments take up the majority of this time period.  This time frame can be between 3 and 5 years, depending on your individual budget

The answer is “YES!”  You can refinance your home after bankruptcy and sometimes even during your plan. In this post we’ll be discussing those qualifying stipulations that you will need to meet in order to refinance your home during or after your bankruptcy.   We hope you’ll enjoy this post and learn all about the processes

As with any financial agreement, there are often a wide range of forms associated with the process and approval.  In this case, there is little difference in the number, and types of required forms for Chapter 13 Bankruptcy. Often times, these same forms can be extremely confusing for someone who has never gone through the

It may seem to be a daunting, intimidating task to request a loan after bankruptcy, yet there’s ultimately nothing to be afraid of. People make mistakes; we all do. What’s important is recognizing the mistakes which were made, learning from them, and moving on to bigger and better things. In this brief, yet informative post,