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AV Preeminent Peer Rated Attorneys
Plano Residents, consider several factors when selecting a lawyer ... Learn More
AV Preeminent Peer Rated Attorneys
Plano Residents, consider several factors when selecting a lawyer including their experience, expertise, and reputation. AV Rated Attorneys represent a distinguished group of lawyers who have received top ratings from their peers for their exceptional ethical standards and an A grade (4.5 or higher).
  • 7600 San Jacinto Place, Suite 200, Plano, TX 75024-3252

  • 555 Republic Dr., Ste. 430, Plano, TX 75054

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  • 555 Republic Drive, Suite 200, Plano, TX 75074

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The average lawyer rating is created by peers based on legal expertise, ethical standards, quality of service, and relationship skills. Recommendations are made by real clients.

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Commonly Asked Bankruptcy Questions From Users Near You

This information is not legal advice and is not guaranteed to be correct, complete or up-to-date. It is provided for general informational purposes only. If you need legal advice you should consult a licensed attorney in your area.

Is it too early to refinance or do we have to wait for the 10 year period?

Giovanni Orantes
Answered by attorney Giovanni Orantes (Unclaimed Profile)
Bankruptcy lawyer at Orantes Law Firm
There is nothing to prevent you from applying to refinance. You should try to refinance with all lenders, not only the same one already holding the first loan. Whether you get the refinancing will depend on how well you have re-built your credit in the four years after your bankruptcy discharge.
There is nothing to prevent you from applying to refinance. You should try to refinance with all lenders, not only the same one already holding the first loan. Whether you get the refinancing will depend on how well you have re-built your credit in the four years after your bankruptcy discharge.
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In a Chapter 7 Bankruptcy, when I pay it off is it truly mine and they can't claim anything?

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Answered by attorney Dorothy G. Bunce (Unclaimed Profile)
Bankruptcy lawyer at A Fresh Start
When you pay off your mortgage, assuming that no other creditor had a lien on your property, it will be truly yours. Most bankruptcy attorneys agree that there is no good reason to ever reaffirm on a home mortgage and indeed many mortgage lenders have stopped trying to persuade bankruptcy debtors to do this.
When you pay off your mortgage, assuming that no other creditor had a lien on your property, it will be truly yours. Most bankruptcy attorneys agree that there is no good reason to ever reaffirm on a home mortgage and indeed many mortgage lenders have stopped trying to persuade bankruptcy debtors to do this.
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Can I legally have bankruptcy from my credit report early?

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Answered by attorney Kathryn Ursula Tokarska (Unclaimed Profile)
Bankruptcy lawyer at Law Offices of Kathryn Tokarska
A Bankruptcy will stay on the credit report for 10 years. I don't know of any way to make it go away sooner. However, the impact of the bankruptcy on your credit score will lessen with time. Many lenders are willing to give prospective home borrower a mortgage loan, provided of course they qualify in other respects, 3 years after bankruptcy. Some lenders may even do it sooner if there were extenuating circumstances that lead to the bankruptcy, for example: large medical debts.
A Bankruptcy will stay on the credit report for 10 years. I don't know of any way to make it go away sooner. However, the impact of the bankruptcy on your credit score will lessen with time. Many lenders are willing to give prospective home borrower a mortgage loan, provided of course they qualify in other respects, 3 years after bankruptcy. Some lenders may even do it sooner if there were extenuating circumstances that lead to the bankruptcy, for example: large medical debts.
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