Niceville, FL Bankruptcy Law Firms & Lawyers

Yes, lenders can deny you. The Judge can approve you to obtain a loan while in a Chapter 13 but the approval does not mean a lender has to give you a loan.

Bankruptcy is a process that allows people to eliminate enormous amount of debts. It isn't a program geared to assist the indigent, who can't get much benefit from filing and it won't give you anymore income to live on. If you have stopped paying your debts, you ought to have some money available to use to pay legal fees, if not, it is unlikely that bankruptcy will provide you with any meaningful help.

If you were a co-signer on that auto loan and the vehicle is repossessed, the lender will sell the vehicle and if it sells for less than what was owed on the loan, there will be a deficiency balance your husband can walk away from if he files bankruptcy. Yes, you will remain liable for that balance (as well as any other joint debts you may have with him). Just because he had the car does not relieve you of that responsibility. I suggest that you meet with an experienced bankruptcy attorney like myself so you can determine whether you should file bankruptcy as well.