Bankruptcy Information

bankruptcydk

Bankruptcy.

It’s not exactly a very friendly sounding word, now is it? The good news is that bankruptcy can be overcome. I’m living proof of it. I declared bankruptcy over a year ago, and so far, it was a good move. My credit score has already started to recover, and with two of the services is over 600 already.

Bankruptcy Information

Over the past few years, I’ve written quite a bit about my experience with bankruptcy. Here are some of my posts regarding my experience:

As I continue my post bankruptcy journey, I’ll add more to this guide. I recently applied for my first credit cards post bankruptcy. I got approved for one already. I’ll write more about that process here soon!

~ DK

{ 2 comments… read them below or add one }

concerned4future March 16, 2010 at 2:21 pm

Hi and thank you for your input on your website. I had to file bankruptcy about 7 years ago due to divorce and the pile of debt we had together. It wasn’t easy the first couple of years, but I now have my own credit which rates about 670 now.

However, my husband and I bought a home (it’s in his name only) 6 yrs ago through Washington Mutual(now Chase Home Loans). I lost my job and he experienced huge pay cuts through the state. We tried to work with the bank every step of the way, but, ended up being directed by the bank to fill out paperwork for a short sale. It seemed all was going okay and they were going to accept it. But, just yesterday, they said they wouldn’t go with the short sale unless we pay $5000 for closing costs (which we don’t have), pay $120,000 over ten yrs…or face foreclosure.
Wow, Chase Home Loans has really taken us for a ride, lied to us, and strung us along for over 2 yrs and now this. Now, my husband will have to file bankrupcy, which is really horrible.

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john varasteh June 14, 2010 at 2:52 am

chapter 7 california central district santa ana
my brother snd i bought a house together. my bk was dismissed. he filled under the same chapter requesting suto stay on real property we own together
does aut stay apply to more than one individual, or does chapter 7 apply to my brother asking for stay on the same real property

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