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posted by Aaron Joslin @ 5:26 PM
7 comments
7 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.
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.
Thank you very much for putting this so clearly in one location.
I think this is super helpful info for anyone going through the process.
34 years of "trying to keep up with the Jones'" has led to approx $100,000 unsecured debt and a 1st & 2nd mortage.
#BREAK
I filed Chapter 7 15 years ago due to extended unemployment which ultimately resulted in excessive unsecured credit card debt (45K).
34 years of "trying to keep up with the Jones'" has led to approx $100,000 unsecured debt and a 1st & 2nd mortage.
#BREAK
I filed Chapter 7 15 years ago due to extended unemployment which ultimately resulted in excessive unsecured credit card debt (45K).
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.
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