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You can get a mortgage after declaring bankruptcy, but how soon depends on the type of mortgage and the type of bankruptcy you filed. ... It will stay on your credit report for seven years maximum.
Having a bankruptcy on your record can feel financially restricting. Declaring bankruptcy can cause your credit score to drop significantly and will stick around on your credit report for up to 10...
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 ...
When I first started working with Charlie (not his real name) in 2005, his bankruptcy had just been discharged, meaning his remaining debt was cleared. His credit score was 526, and he didn't ...
A Chapter 7 bankruptcy remains on your credit report for 10 years, while a Chapter 13 bankruptcy stays on your credit report for seven years. However, the effect of bankruptcy on your credit ...
"People can absolutely recover from bankruptcy," says Jordan van Rijn, senior economist at the Credit Union National Association. If you're considering loans after bankruptcy, expect to wait at ...
Rebuilding your life after bankruptcy – including your credit rating, finances and your emotional well-being – can sometimes seem like an overwhelming task. But if you've recently ...
Pull Your Credit Report and Check Your Score. 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 ...