Generally, the law allows people to file bankruptcy even if they have filed in the past. It's a common misconception that a person can only file once in their life.
There are several steps a person needs to take if they are called or billed by a creditor after a chapter 7 bankruptcy.
There are several steps a person needs to take if they are called or billed by a creditor after filing chapter 13
The term "Credit Score" refers to a FICO score which is a three digit number used to assess creditworthiness. There are three main credit reporting agencies: Experian, Trans Union and Equifax. Your credit score may be different at each credit reporting agency because the FICO sco...
How Much Will Bankruptcy Change Your Credit Score? The term Credit Score refers to a FICO Score which is a three digit number determined by a complex formula. Credit scores range from a low of 300 to a high of 850. For most people, filing a bankruptcy will lower their score betwe...
A reaffirmation agreement is a contract reinstating a debt otherwise dischargeable in bankruptcy. Some auto lenders (for example: Ford Motor Credit, Ford Leasing Trust, Jaguar Credit) insist on a signed and filed reaffirmation in order for a person to keep a car and make regular monthly payments.