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Rebuilding credit post-bankruptcy is quite doable with patience and the right steps. Read on for proven ways to start fresh and regain strong credit.
While it wipes out your old debt, bankruptcy stays on your credit report for seven to 10 years, hurting your long-term chances of qualifying for a mortgage or other credit. After bankruptcy, you ...
The national unemployment rate stands at 4.3% as of July 2024, but your age, skill set and geographic area all affect how easily you can find work. Total credit card debt among all Americans is ...
Step one after filing for bankruptcy is to take inventory of the wreckage and find out where you stand so you can begin rebuilding. Since information can vary from one bureau to another, it’s ...
Filing for bankruptcy can feel like the ultimate catastrophe. Your assets are wiped out, your credit score takes a major blow and lenders no longer want your business. If you need to get your ...
Prior to the BAPCPA Amendments, debtors of all incomes could file for bankruptcy under Chapter 7. BAPCPA restricted the number of debtors that could declare Chapter 7 bankruptcy. The act sets out a method to calculate a debtor's income, and compares this amount to the median income of the debtor's state.
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