If A Bankruptcy Is Discharged Is That Good Or Bad For Your Credit Rating?
I filed for bankruptcy in 1998. Recently in my credit report there was a public notice saying it was discharged.
I filed for bankruptcy in 1998. Recently in my credit report there was a public notice saying it was discharged.
As anyone who has seriously examined Chapter 7 bankruptcy protection knows all too well, filing bankruptcy may be the absolute worst thing that borrowers can do to improve their financial position. For desperate folk suddenly realizing that there is little they can do on their own to achieve debt relief, bankruptcy might seem like an [...]
While there’s no simple equation that would allow borrowers in Hawaii to figure out whether or not bankruptcy protection would be a proper fit for their own family, any consumer who finds him or herself struggling to afford the minimum monthly payments from their credit cards should at the least see what other options are [...]
Review “Authoritative, comprehensive and packed with helpful advice and useful information, including state-specific details.” (Eric Tyson, best-selling author of Personal Finance for Dummies and Mind Over Money )”With last year’s change in the bankruptcy laws creating unprecedented confusion in the field, it’s important to know whether it remains a viable option, and this book [...]
Recessions affect everybody, from Baltic to Broadway. See more at collegehumor.com
http://articles.mercola.com… The Comptroller General of the United States proclaims that our current standard of living is unsustainable unless drastic action is taken. He warns that funding shor…
In recent news, companies could be forced to Bankruptcy. Is this the same as “companies can be forced into Bankruptcy Protection”? I thought Bankruptcy protection is “PROTECTION” against Bankruptcy?
1. Eliminate the legal obligation to pay many of your debts.. This process of wiping the slate clean is called a discharge of debts. The goal of a discharge is to reduce debt to give you a fresh start. Whether it is through straight bankruptcy (Chapter 7 Bankruptcy) or through reorganization (Chapter 13 Bankruptcy), most [...]
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