Bankruptcy

Filing for bankruptcy is a drastic measure but sometimes you don’t have any other choice. Bankruptcy information stays on your credit report for up to 10 years. Bankruptcy is a legal way to discharge your debts, but filing bankruptcy will have the most negative effect on your credit score. It’s always in your best interest to make sure that information about the filing are reported to the credit bureaus correctly.

Keys placed on a document titled "Notice of Foreclosure," with highlighted text below, serve as a stark reminder. Consulting a financial planner might offer new pathways by improving credit or restructuring your budget to prevent such future challenges.

5 Things to Do Before You Go Into Foreclosure

 If you’re having trouble keeping up with your mortgage payments and think you might be headed for foreclosure, there are still some things you can

bankruptcy

5 Reasons People File for Bankruptcy

 According to recent data from the American Bankruptcy Institute, there were 1.2 million personal bankruptcy filings in the United States in 2012. If it’s increasingly difficult for

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