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Casey Taylor(36 articles)

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Getting a Home Loan after Bankruptcy

Getting a Home Loan after Bankruptcy

Jul 22, 2022 | Bankruptcy, Casey Taylor

Those who file bankruptcy often fear their credit will be too damaged to qualify for a home mortgage before the bankruptcy comes off their credit report in 7 to 10 years. The truth is that most who file bankruptcy can rebuild their credit within just a few years and qualify for a home mortgage. It …

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Chapter 13 Bankruptcy Could Help Deal with an Underwater Mortgage

Chapter 13 Bankruptcy Could Help Deal with an Underwater Mortgage

Jun 27, 2022 | Bankruptcy, Casey Taylor

When you purchased your new home, you probably never dreamed of it becoming a heavy financial burden. A burden that weighs upon you each month as you struggle to make the mortgage payments that will keep you in your home. To add to that stressor, you know your mortgage is “underwater”.Now, this struggle is straining …

read more: Chapter 13 Bankruptcy Could Help Deal with an Underwater Mortgage
What is Bankruptcy Cramdown?

What is Bankruptcy Cramdown?

Jul 12, 2021 | Bankruptcy, Casey Taylor

A beneficial aspect of Chapter 13 bankruptcy is the ability to “cramdown” certain secured loans. A cramdown could lower the principal balance and interest rate you may owe on a loan. It could save you money and help keep your property. Read on to understand which of your debts may qualify for a cramdown and …

read more: What is Bankruptcy Cramdown?