answersLogoWhite

0


Best Answer

Chapter 7 has no maximum loan amount.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the maximum personal loan that can be discharge in chapter 7?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Can you get a car loan before chapter 7 discharge?

No. And if someone wants to give you one, run away from that dealer.


Can you get a small personal loan from a bank or finance company while you are in a Chapter 13?

you have to get it approved through the trustee


Can you get an auto loan after filing for bankruptcy but before it is discharged?

Yes, you can get an auto loan before bankruptcy discharge. If you have filed a chapter 13 bankruptcy, you must receive permission from the court trustee. Contact your attorney to begin the process. The court will set limits as to maximum loan amount and monthly payments. DO NOT apply for a loan of any type before getting approval from the court! Doing so could be grounds for dismissal of your bankruptcy, depending on the regulations of your particular court district. If you have filed a chapter 7, there are certain automotive lenders who will finance you after you have attended the (sect. 341) meeting of creditors. However, if you are unable to find one of these lenders, your discharge is usually granted within a few weeks of the 341 meeting and you will be able to purchase then.


How hard is it to get a mortgage after chapter 13 discharge?

If you have just filed bankruptcy, you will not be barred from ever obtaining a mortgage loan; however, you will not be able to get one immediately. When you can get a mortgage after bankruptcy will depend upon the type of loan you want, the type of bankruptcy you filed, and how good your credit is at the time you want the loan.


What is a Post Office personal loan?

A Post Office personal loan is a competitive personal loan with various amounts. One can ask for a Post Office personal loan for different periods of time.

Related questions

Can you get a personal loan with an open chapter 7 bankruptcy?

maybe


What is the maximum permitted personal loan from ICICI bank?

The maximum permitted personal loan from ICICI bank is Rs 15,000,000 while the minimum is Rs 50,000. The loan amount can change depending on eligibility, income and repayment capacity.


What are the minimum and maximum loan amounts for Salaried Personal Loans?

What are the minimum and maximum loan amounts for Salaried Personal Loans?The Loan is depends on their requirement. Personal loan is an unsecured loan which is offered by various private financial companies like Mudrakwik Link , Loanmart as well as MoneyTap. The personal loan disbursement happens on the key criteria such as:Documentation Procedure1. Salary Slip of the back Last Month2. Your ID and address proof3. Minimum age should be in 214. Details of CustomerApproval Time of Personal Loan: 1 to 2 Working DaysThe Maximum loan amount is 10, 00,000/


What is the maximum interest fee for a personal loan in CA?

Ten percent.


Can you get a car loan before chapter 7 discharge?

No. And if someone wants to give you one, run away from that dealer.


Can you sell your car and payoff the loan after filing chapter 7 before the discharge?

You should be able to do so, yes.


Can you get a small personal loan from a bank or finance company while you are in a Chapter 13?

you have to get it approved through the trustee


I have a loan from sallie Mae supposedly for school which only took a month and they gave me acertificate can this be discharge in chapter 7?

Unfortunately no. All student loans, whether private or Federal are not elligible for discharge in bankruptcy.


If your wife is granted chapter 7 and both of your incomes were on the chapter 7 can they make you pay the car loan?

I'm not clear what you mean by "both of your incomes". But it seems your saying your wife was he only one who C-7, which means received discharge of debt. Hence, if you were on the loan, it would seem you are still responsible for the loan.


What is the maximum percentage allowed for wage garnishment in Delaware?

If its a credit card or any other type of personal signature loan, the maximum amount is 15%.


How does one Recover unpaid loan after chapter 13 is filed?

after appearing in court on civil suit defendant informed court judge chapter 13 has been filed. Is defendant free and clear from paying personal loan?


Can you file a small claim suit against a family member for a small personal loan even though they have filed chapter 13?

Not for the loan, which should have been in the BK