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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 ...
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 ...
The difference between a secured card and a debit card is that the issuer reports your on-time payments to the credit bureaus — a crucial component of rebuilding credit. Ask Someone To Take You ...
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.
Provide accurate information on your credit card application to avoid a pending status. One of the benefits of applying for credit cards online is the ability to know whether you’ve been ...
However, even with §1113, rejection of a collective bargaining agreement is allowed under this specific procedure. Once in bankruptcy, a debtor may file a motion to reject the collective bargaining agreement any time, provided that the debtor first fulfills its obligation to make a proposal to the union regarding "necessary" modifications to the collective bargaining agreement, provides the ...
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