Mortgage Loan
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Will I Be Able to Borrow Money If I File Bankruptcy?

Answer is yes, and faster than you think. Credit card companies may offer credit to you while you are in bankruptcy knowing you cannot get a discharge within a certain number of years of filing bankruptcy, with the number of years depending on the chapter filed. Mortgage companies seem much better about loaning money at reasonable interest rates after a bankruptcy filing than we saw before the recession. Car creditors often require the debt be discharged over a year before they will loan money at a decent interest rate.