Im in a chapter 13 and i owe car and house my payments for 5 years can i refinance a house and buy a car?

Lashandra
We aren't going to get our taxes back for 5 years, there no room for loans and credit? Can we make it in 13 and live, and save emegency or repairs?

Kathey
Keep in mind that refinancing a house means you'd pretty much have to qualify for a mortgage loan all over again. If you're in Chapter 13, I seriously doubt they'd refinance you. Sorry, I wouldn't even try it. And I wouldn't try to qualify for a car loan under bankruptcy unless you're willing to pay exorbitant interest each month.

Irmgard
If you are in any kind of banruptcy, your credit sucks (big time).Refinancing requires good credit. So no.Good Luck...