Questions About Credit After Chapter 13 Bankruptcy

[$$only4ever]

I am currently in a Chapter 13 Bankruptcy-with 21 more months remaining. Our goal is once we have completed our plan and are discharged, we would like to purchase a mobile home. I know that there is not much that I can do until I am discharged, but I do have some questions.

1)Will we have problems getting a loan 1 year post bankruptcy? I am looking at doing a down payment of $10,000+? Or should we wait 2 years? Any ideas of how bad the interest rate is going to be?

2) DH cosigned for a student loan. It will have a small balance at the end of the plan. Should I pay it off or should I carry the balance after discharge? Once the bankruptcy ends and the loan goes back into repayment, will Sallie Mae report it as being in repayment? If so, would this improve my credit scores versus to paying it off? I really do not want to obtain any type of credit card after bankruptcy.

Also, I am playing my vehicle outside of plan. It will be paid off February 2009. Once it is paid off, would Chrysler report it as paid as agreed or would it just sit on my credit report as it does today?

3) I have done some cleanup on my credit reports, but cannot do much until I am discharged. What should I do once I am discharged? Actually, the only black mark on my credit report is the bankruptcy, no lates, P&L, repos, judgements, etc. What should the creditors that were included in the wage order plan report the accounts as after I am discharged?

Again, I know that I am probably a little premature, but I figure anything that I can start doing now would be great. Any ideas or suggestions would be great!! Thanks.

[HHM]

1. Mobile home loans have crappy interest anyway. Personally, I would wait the 2 years.

2. Students loans do nothing for your credit report so might as well pay it off if you can.

3. The car loan is still technically part of the BK, so odds are it will stay as IIB, but youi should dispute it after you have paid it off.

[$$only4ever]

Thanks for your quick response.

Actually HHM, Student Loans play a big part of your credit report/history. Try getting a mortgage if you have paid your student loans late or have defaulted. But it would show as an installment loan and my thinking is that it could boost my fico scores up.

Also, my understanding is starting in 2008 utilities can now report your payment history on your credit report, which would definitely work in my favor as I have always paid on time.