Typically, lenders will not want to loan money to anyone that they feel could not have the ability to pay the loan. When applying for a loan, you must answer “Yes” to the question, “Have you ever filed for bankruptcy before?” that will appear on the application. This may cause the lenders to believe that you are [...]
Boston Bankruptcy Attorney Answers Chapter 7 & 13 Bankruptcy Questions
Category Archives: Finance
How do you fix an error on your credit report?
It is estimated that about 3 out of 4 credit reports contain some sort of inaccurate information on them. The first step to take is to become informed whether there is an error on your credit report. You can do this by getting a copy of your credit report and reviewing it. In order to get a free [...]
Starting fresh after bankruptcy
So you’ve gotten your bankruptcy discharge and all your old debts are forgiven. You start from square one but chances are, you haven’t altered the way you budget your money, make money and value money.
Most Americans are one medical emergency or one job loss away from bankruptcy. But it doesn’t have to be like that [...]
How to get out of debt and avoid bankruptcy
Due to the sinking economy and our culture of “spend now-pay later”, more and more Americans are finding themselves in debt everyday. Some have gotten into debt through no fault of their own, but most can use the advice below. How do you get out of a financial hole that you’ve dug yourself into?
The first [...]
How Bankruptcy Affects your credit (FICO) score
Making the decision to file bankruptcy should not be taken lightly. They call it the 10-year mistake because it will take that long for your financial life to return to normalcy. How “normal” is determined by your credit or FICO score. Every time you take out a credit car, car loan, mortgage loan or even [...]
