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    sjshanner's Avatar
    sjshanner Posts: 1, Reputation: 1
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    #1

    Jul 4, 2007, 02:30 PM
    Refinancing after bankruptcy
    I am currently in the process of converting from a chapter 13 to a chapter 7 bankruptcy. What are the chances of me refinancing after being discharged from a chapter 7 and how long could it take for a bank/financial institution to look at my application for consideration?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Jul 4, 2007, 04:17 PM
    There are some banks and financial places that will re-fi the next month, since they know you can't file another chapter 7 for years. BUT, you will pay a very high interest rate, and I would wonder why you would want to re-fi since it sounds like you already have a loan for it.

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