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  1. #1
    Join Date
    Dec 2007
    Location
    Ohio
    Posts
    2,006

    Default Re: Chapter 7 and a New Loan

    No, not the bankruptcy court. And although 5 grand is a lot of money...it could be someones's pay check (that could be a lot of people to "watch").

    The purpose of a bankruptcy is to give someone the opportunity to start clean. The court has already ruled that you get a clean start. Its over..start your new begining.

    Good luck.

  2. #2
    Join Date
    Apr 2007
    Location
    Il.(near StL,Mo.)
    Posts
    5,252

    Default Re: Chapter 7 and a New Loan

    Agree, after discharge you can get a loan if someone is willing to give you one. Usually you can find a facility that will but like gigirle noted you interest rate will probably be quite high due to your bankruptcy hx.

    Be sure that you can make the payments if you take out a loan. You just got done going through a bankruptcy due to debts.

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