Tag Archives: Bankruptcy

Effects of Bankruptcy

  In 2010, more than 1.5 million Americans filed for bankruptcy. Unfortunately, many bankruptcy attorneys do not adequately explain the effects of bankruptcy to their clients. Put simply, the total financial and emotional costs of filing bankruptcy can almost never … Continue reading

Posted in Authorized User, Bad Credit or No Credit, Bankruptcy, Credit Repair Services, Credit Repair Software, Credit Score, Improving Credit | Tagged , , , , , , , | Leave a comment

Fix Your Credit after Identity Theft

Fix Your Credit after Identity Theft For the most part, technology is a universally beneficial entity. Advances have changed the faces of communication, science, and information. On the opposite end of the spectrum, confidentiality has become more difficult to safeguard. … Continue reading

Posted in Bad Credit or No Credit, Bankruptcy, Budget, Credit Repair Mistakes, Credit Repair Professional, Credit Repair Services, Identity Theft, Interest-Only Loans, The Credit Market, Understanding Your FICO Score | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Credit Impact of Filing Bankruptcy–

Bankruptcy could keep you from getting new loans Bankruptcy directly impacts your credit score, and your credit score impacts your ability to qualify for any loan, including a car loan. For example, the next time you plan to purchase a … Continue reading

Posted in Bad Credit or No Credit, Bankruptcy, Co-signing, Late Payments, The Credit Market, Validate the Debt | Tagged , , , , , , | Leave a comment

Bankruptcy filing and credit repair takes time away from work and family

Leading up to your bankruptcy filing, you may have to spend a significant amount of time on the phone negotiating payments and explaining late payments to creditors. You also will probably spend a lot of time going through mail, responding … Continue reading

Posted in Bankruptcy, Building Credit, Co-signing, Collection Accounts, Understanding Your FICO Score | Tagged , , , , , , , , , , | Leave a comment

Bankruptcy Could Interfere With JOB Opportunities

Employers are allowed to ask if you have filed for bankruptcy in the past. In their minds, this may be an indicator of whether or not you are a responsible individual. Unfortunately, some employers still review an applicant’s credit report. … Continue reading

Posted in Bad Credit or No Credit, Bankruptcy, Identity Theft, Improving Credit, Late Payments | Tagged , , , , , , , , , , , , | Leave a comment