Malakoff, TX Bankruptcy Law Firms & Lawyers

Chapter 7 stays on your credit report "up to 10 years." You can apply for new loans at any time- up to the mortgage company to decided if you are eligible for the loan or not. FHA, VA loans, etc. generally make you wait 2 years.

You under an obligation to review your bankruptcy petition and ensure that all creditors are listed. It is not your attorneys fault that your car lease was not included. That being said, you must file a motion to reopen your case if it has been closed, file an amendment to the bankruptcy petition adding your car lender, and filing motion to assume the lease. This may or may not work considering there is a deadline within which you must assume or reject your leases. My office would charge $2500 for the service. You may be better off to simply continue to pay your lease payments and if the car company attempts to repossess you can sue in state court since you're not in default of the agreement.

You can file bankruptcy any time you want (assuming you are eligible to file under a given chapter). Whether it is "too late" or not depends on what it is you're trying to accomplish, and you don't provide enough information to even begin answering that question. For example, if your goal is to stop the foreclosure sale and use bankruptcy to catch up on the payments, then it is too late to file after the foreclosure sale has taken place. If your goal is to discharge any deficiency you owe under applicable state law after the foreclosure sale, then it's never too late to file, although there can be significant tax consequences depending on when you file your case.  You would need to discuss that with a tax attorney who has bankruptcy experience. Mark Markus has been practicing exclusively bankruptcy law in California since 1991.  He is a Certified Specialist in Bankruptcy Law by the State Bar of California Board of Legal Specialization,  AV-Rated by martindale.com, and A+ rated by the Better Business Bureau.