Legal Question in Bankruptcy in Maryland
Clean start bankruptcy
I recently filed chapter 7, i decided to try to sell my house instead of being foreclosed on, i have a buyer and need to move within three weeks, i have tried to rent an apartment, everyone is turning me down stating because i filed bankruptcy I don't meet the criteria for the dwelling. How do I get my so-called clean start?
1 Answer from Attorneys
Re: Clean start bankruptcy
Your clean start will occur after you begin to re-establish
your credit just as you did when you began as a youth. You'll
need co-signers, deposits, a payment history, and all the other
things that one needs to demonstrate creditworthiness. Just because
you filed a Chapter 7 does not mean that you are free of the debts
that once saddled you and now are free to begin where you left off.
At this point you have no credit, the lessors see you as they would a
teen-ager starting out.
Unfortunately, Maryland law limits the amount of money that can be kept
on deposit. Up to two months is the limit. What you need is a guarantor who
will guarantee your payments (i.e., a co-signer).
DISCLAIMER: No legal advice is being provided by this communication. When confronted with
a legal issue, consult an attorney for advice specific to your case.
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