How to raise your credit score after chapter 7 discharge The simplest way to raise your credit score, before or after bankruptcy, is to follow a regimented schedule of payments. Make timely payments of loans your priority. Slowly you will see your score rise from the low 400s or the 500s to 600 and beyond. Cajole … Read more
If you have taken a loan individually or on behalf of your business and are unable to pay back the same and face either personal bankruptcy or bankruptcy for business, you may have to take the help of the courts. In the US, federal laws govern the rules and procedures for filing bankruptcy. There are … Read more
You have come across the term “filing for bankruptcy at 20” many times especially in items dealing with debt. Amusingly, there is no chapter 20 in bankruptcy laws. The process of filing in chapter 7 followed by chapter 13 is collectively known as chapter 20 bankruptcy. What is not possible by chapter 7? Chapter 7 is … Read more
How Often Can You File Chapter Bankruptcy? Probably once bitten twice shy is not for some. The reason you find them filing Chapter 7 bankruptcy, getting a discharge, and, lo and behold, again getting into financial difficulties and ready to start all over again! In the case of Chapter 13 too, people falter in payments after … Read more