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Getting a Mortgage After a Bankruptcy FREE 3 CE McDonough

Thursday, September 19, 2019, 5:00 PM

"Getting a Mortgage after a Bankruptcy"   Bankruptcy is a federal government program available to a person or other entity who cannot repay debts to creditors based on a financial hardship.  There are two types of bankruptcy for individuals—the discharge of debts and the payment plan. Chapter 7 of the Bankruptcy Code is for the discharge of debts, which is the traditional bankruptcy.  Chapter 13 is a reorganization bankruptcy designed for debtors with regular income who have enough left over each month to pay back at least a portion of their debts through a repayment plan.   Chapter 11 provides for reorganization, usually involving a corporation or partnership. A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11.   Qualifying for a mortgage after a bankruptcy requires a waiting period, re-established credit and standard program underwriting guidelines. Let’s talk about FHA, VA, USDA, Fannie Mae and Freddie Mac mortgage requirements.  Sponsor: Jake House | Vandyk Mortgage | jhouse@vandykmortgage.com                    My CE Class LLC #5914 | 3 Hour In class Continuing Education Course

Tickets: https://www.eventbrite.com/e/getting-a-mortgage-after-a-bankruptcy-free-3-ce-mcdonough-tickets-53192923466?aff=aff0eventful

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313 Jonesboro Road
McDonough, GA 30253

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