Introduction to Bankruptcy Law
Bankruptcy and Debtor
Self Help Bankruptcy
Bankruptcy
Tags: Declaring Bankruptcy
Labels: Declaring Bankruptcy
For the facts about Bankruptcy Code
Introduction to Bankruptcy Law
Bankruptcy and Debtor
Self Help Bankruptcy
Bankruptcy
Tags: Declaring Bankruptcy
Labels: Declaring Bankruptcy
16 Comments:
The most-asked question: 'How should debts included in bankrutpcy be showing on my credit reports ?'
The answer:
All debts that were included in your bankruptcy should be reporting with a ZERO balance, show ZERO due, show nothing past due after the date of your bankruptcy filing, and should be noted as "included in bankruptcy' or similar verbage.
Don't worry about the "deficiency" judgment as that can be discharged. BUT you will have the "repo" on your credit reports.
#BREAK
The rule about credit cards is you cannot charge more than $500.00 on any ONE card 90 days before filing bk.
it's comforting to know that the advise is here, the sucess stories are posted, that it IS possible to start over.
The most-asked question: 'How should debts included in bankrutpcy be showing on my credit reports ?'
The answer:
All debts that were included in your bankruptcy should be reporting with a ZERO balance, show ZERO due, show nothing past due after the date of your bankruptcy filing, and should be noted as "included in bankruptcy' or similar verbage.
Most importantly, don't be a victim. Heed good advice from friends and family, or people you trust on this forum (If anybody is left). Stay clear from people and businesses that want to take advantage of you. You'll feel better!
I have been living above my means for years and was in denial. It's finally caught up with me. I am a single mother with two children to support and I need to do what I need to do financially to get my finances in order.
BKforum.com is a support community for all your financial hardships. Life has its ups and downs, and in this community, we will try to help each other deal with the downs and celebrate the ups.
I have been living above my means for years and was in denial. It's finally caught up with me. I am a single mother with two children to support and I need to do what I need to do financially to get my finances in order.
Hello, Id like to get more information on the bankruptcy laws. I believe there is 3, maybe even 4 but Im not too familiar with any of them. can anyone give me their feedback or a site that discusses them.
BKforum.com is a support community for all your financial hardships. Life has its ups and downs, and in this community, we will try to help each other deal with the downs and celebrate the ups.
Hello, Id like to get more information on the bankruptcy laws. I believe there is 3, maybe even 4 but Im not too familiar with any of them. can anyone give me their feedback or a site that discusses them.
Hello, Id like to get more information on the bankruptcy laws. I believe there is 3, maybe even 4 but Im not too familiar with any of them. can anyone give me their feedback or a site that discusses them.
I think this is super helpful info for anyone going through the process.
Don't worry about the "deficiency" judgment as that can be discharged. BUT you will have the "repo" on your credit reports.
#BREAK
The rule about credit cards is you cannot charge more than $500.00 on any ONE card 90 days before filing bk.
BKforum.com is a support community for all your financial hardships. Life has its ups and downs, and in this community, we will try to help each other deal with the downs and celebrate the ups.
I have been living above my means for years and was in denial. It's finally caught up with me. I am a single mother with two children to support and I need to do what I need to do financially to get my finances in order.
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