When an individual falls behind on credit card payments, is unable to keep up with a mortgage or neglects to fulfill other financial obligations, it obviously will have a negative impact on a credit score. If you have recently filed for bankruptcy, you may be wondering what steps you can take to help restore your credit. The Fuller Law Firm, PC is a full-service bankruptcy law firm that provides ...
As soon as you file for bankruptcy it becomes a matter of public record. A bankruptcy will remain on your credit report for up to 10 years from the date you file. Potential creditors and lenders will be able to find out that you filed for bankruptcy in the past any time you apply for a loan or attempt to obtain any credit. Your employer may become aware of your bankruptcy filing if your wages had ...
Chapter 7 and Chapter 13 are the two most common forms of bankruptcy filed by individuals who need a fresh financial start. If you are considering bankruptcy, it is important you understand there are instances when filing Chapter 7 or Chapter 13 may not bring about the level of debt relief you anticipated. In cases such as this, filing for Chapter 13 immediately after receiving a discharge in a ...