bankruptcy

After Bankruptcy

February 1, 2011

So after you finally got to the point where you couldn’t do it anymore and you decided that you had to file bankruptcy, what happens? Well, if you file Chapter 13 you will, of course, still be paying back your debt at reduced rates. But you may still have most of your assets. If you [...]

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The Scarlet Letter Of Bankruptcy

August 26, 2010

But sometimes it may be the best option. Although, a bankruptcy on your credit report may cause some lenders to deny your application more often than not, a bankruptcy hurts less as time goes on. The fact of the matter is that if you continue on a path of struggling and not being able to [...]

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Bankruptcy And Your Credit Rating

July 13, 2010

There is a prevalent myth out there that bankruptcy is bad, really bad. Not to say that it is good but how bad is it really? The truth is that once you file bankruptcy, it can remain on your credit report for up to 7 years and 10 years in certain instances. But you get [...]

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Credit Repair And Late Payments Vs. Bankruptcy

February 18, 2010

Many people who are in a negative financial situation may not want to consider a bankruptcy because of the negative stigma associated with it. However, if you can no longer make your regular payments and you are in a downward spiral, bankruptcy may possibly be the best solution because it allows you to begin anew. [...]

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Credit Repair After Delinquent Payments Or A Bankruptcy

January 26, 2010

Someone who is struggling with delinquent payments may not want to consider bankruptcy because it carries such a negative stigma. However, if you are in a downward spiral financially and you can no longer make your regular payments, bankruptcy may well be the very best option because it will allow you to start again. Being [...]

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