How Can I Rebuild My Credit After Bankruptcy?

Tips on How to Rebuild Credit After Bankruptcy? Many people believe that bankruptcy permanently destroys your credit, but this couldn’t be further from the truth. In fact, bankruptcy may even save your credit in cases where an old debt kept your score down. Now that you have gotten a fresh financial start, there are a number of [...]

By |2018-11-07T23:11:44+00:00July 12th, 2017|After Bankruptcy, Credit and Bankruptcy, Managing Your Finances|Comments Off on How Can I Rebuild My Credit After Bankruptcy?

Filing for Bankruptcy? Stop Using Your Credit Cards

If you are among the millions of Americans struggling with debt that seems insurmountable, bankruptcy may be the best option for finding relief and a fresh financial head start. If you are considering bankruptcy, you should now that there are certain things you might want to avoid prior to filing under any Chapter of the [...]

By |2018-11-16T18:57:34+00:00June 9th, 2017|Bankruptcy, Credit and Bankruptcy|Comments Off on Filing for Bankruptcy? Stop Using Your Credit Cards

Ignoring Credit Card Debt Can Lead To Wage/Bank Account Garnishment

Debt is a problem that comes with a number of consequences. This includes garnishment of your income or bank account. When financial instability makes it difficult to pay the bills and creates concerns about the future, it can quickly lead to the accumulation of credit card debt. When the problem goes unaddressed, creditors and debt [...]

By |2018-11-09T18:47:58+00:00May 1st, 2017|Bankruptcy, Credit and Bankruptcy, Credit Counseling, Credit Tips, Debt Collectors|Comments Off on Ignoring Credit Card Debt Can Lead To Wage/Bank Account Garnishment

How to Get Rid of Credit Card Debt Through Bankruptcy

Excessive debt is one of the major reasons why people file for bankruptcy. In many cases, the excessive debt is the result of paying for necessities such as medical bills and vehicle repairs. While there are some exceptions, most credit card debt can be discharged when a person successfully completes Chapter 13 or Chapter 7 [...]

By |2018-11-12T18:26:50+00:00August 29th, 2016|Bankruptcy, Credit and Bankruptcy|Comments Off on How to Get Rid of Credit Card Debt Through Bankruptcy

Six Actionable Tips on Writing a Credit Dispute Letter

The Fair Credit Reporting Act was created to help consumers dealing with errors on their credit report. When disputing something on your report, you will want to take action in the best possible manner. Otherwise, with one mistake, you will be forced deal with a host of problems. With this in mind, here are six [...]

By |2017-12-13T02:11:12+00:00June 12th, 2014|Credit and Bankruptcy|Comments Off on Six Actionable Tips on Writing a Credit Dispute Letter

Credit Card Debt and Bankruptcy: When You May Want to Wait to File

Credit card debt is one of the most common forms unsecured debts to be discharged in bankruptcy. If you used your card recently for large purchases it is possible they may be reviewed to make sure they can be successfully discharged. This is due to certain charges that may not be eligible for elimination, and in [...]

By |2018-11-16T07:30:02+00:00December 4th, 2013|Credit and Bankruptcy|Comments Off on Credit Card Debt and Bankruptcy: When You May Want to Wait to File

Getting Protection through Bankruptcy Before Creditors Make Their Move against You

It is common for people to have outstanding debt and while the amount owed varies, many may not be aware of how close they are to having their creditor take legal action against them. For a number of debtors, legal action from a creditor comes at a time they least expect it. This reason alone [...]

By |2018-11-13T23:38:38+00:00August 22nd, 2013|Credit and Bankruptcy|Comments Off on Getting Protection through Bankruptcy Before Creditors Make Their Move against You

If I Am Being Sued by a Creditor Can Bankruptcy Get Rid of the Lawsuit?

Getting rid of a lawsuit in bankruptcy depends on a few factors. One of the main factors includes determining if the liability associated with it is dischargeable. Sometimes a debtor may receive a lawsuit or learn of being sued and ignore it. This can turn into a default judgment giving creditors an upper hand on [...]

By |2018-11-16T21:37:45+00:00August 15th, 2013|Credit and Bankruptcy|Comments Off on If I Am Being Sued by a Creditor Can Bankruptcy Get Rid of the Lawsuit?

Can a Bank Account Belonging to My Spouse Be Sought by Creditors in Bankruptcy?

In many cases, assets that belong to your spouse may be off limits to creditors but it depends on the circumstances of the spouse filing for protection. There are a few factors to review that may give clarity regarding account funds. You need have a good idea of what assets are considered part of your [...]

By |2018-11-12T22:40:04+00:00May 8th, 2013|Credit and Bankruptcy|Comments Off on Can a Bank Account Belonging to My Spouse Be Sought by Creditors in Bankruptcy?

Fraudulent Credit Card Charges in Bankruptcy

Bankruptcy and Fraudulent Credit Card Charges Credit card debt is one of the most common forms of debt that is discharged or eliminated in bankruptcy. While bankruptcy is a powerful tool that can eliminate qualifying debt, if a credit card company senses fraud in your case, this may reduce chances of the debtor getting debt discharged. [...]

By |2017-12-13T02:12:12+00:00December 26th, 2012|Credit and Bankruptcy|Comments Off on Fraudulent Credit Card Charges in Bankruptcy