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If you have filed bankruptcy recently, you may wonder if you can get approved for a home loan. You may also wonder if buying a home after a recent bankruptcy is a good idea for you. While a bankruptcy can make getting approved for a mortgage loan more difficult, it is still possible to get approved for a mortgage loan. In fact, there are more and more bad credit loan programs coming out all the time. Subprime lenders are focusing more on helping individuals with poor credit acheive home ownership. This is happening mostly because bankruptcies are still on the rise and there is an increasing number of people with
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Lastest "bankruptcy questions" News:

First Person: Choosing My Bankruptcy Attorney
*Note: This was written by a Yahoo! contributor. Do you have a personal finance story that you'd like to share? Sign up with the Yahoo! Contributor Network to start publishing your own finance articles.
Fri, 03 Feb 2012 07:06:00 -0800

Avenue stores file for bankruptcy but plan to stay in the plus-size game
The bankruptcy filing Wednesday by Rochelle Park-based United Retail Group is further evidence that the plus-size women’s apparel market is a tough playing field.
Wed, 01 Feb 2012 23:33:29 -0800

Kodak Faces Tough Road In Bankruptcy Court
Eastman Kodak filed for Chapter 11 bankruptcy protection Thursday, and the research arm of the firm financing the company’s reorganization effort has big questions about its ability to emerge as a viable business.
Thu, 19 Jan 2012 09:00:56 -0800

UK bankruptcy is not as easy as it sounds
LOUISE BRITTAIN has her work cut out. She has recently begun investigating the assets of Cork developer John Fleming, who amassed debts of €1 billion, as part of her job as a London-based trustee on bankruptcy.
Thu, 26 Jan 2012 16:54:01 -0800

Pre-Marketing: Bankruptcy bonuses
The CEO bankruptcy bonus. Also: A who's who of Davos absentees. Why your "company culture" is a meaningless platitude.
Fri, 27 Jan 2012 05:31:53 -0800



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Chapter 7The potential chapter 7 debtor should understand that a straight bankruptcy case does not involve the filing of a plan of repayment as in chapter 13, but rather envisions the bankruptcy trustee's gathering and sale of the debtor's nonexempt assets, from which holders of claims (creditors) will receive distributions in accordance with the provisions of the Bankruptcy Code. Part of the debtor's property may be subject to liens and mortgages that pledge the property to other creditors. In addition, under chapter 7, the individual debtor is permitted to retain certain "exempt" property. The debtor's remaining assets are liquidated by
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