Sawin & Shea
AUGUST 9, 2022
Bankruptcy can be an overwhelming and challenging process. Understandably, this can make dealing with a bankruptcy seem impossible. However, as overwhelming as it all may seem, bankruptcy is often the best choice for many people, especially those who are struggling with crushing debt. Some criteria must be met.
Better Credit Blog
APRIL 1, 2022
Bankruptcy can be scary, but it’s important that you arm yourself with as much information as possible to navigate the process. In this article, we’ll walk you through some of the most commonly asked questions about bankruptcy, how it can affect your credit score, and how to get a bankruptcy removed. Skip to DIY Steps.
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Sawin & Shea
FEBRUARY 14, 2023
Although bankruptcy is often the only solution to get your finances back in order if you are struggling under mountains of debt, it does show up on your credit report for years, even after the bankruptcy has been discharged. You can, however, make your credit better post-filing.
Credit Corp
OCTOBER 21, 2020
There’s nothing fun about declaring bankruptcy, but those who emerge from it can be thankful for the opportunity to rebuild their personal finances without the burden of debt. Unfortunately, bankruptcy also does damage to your credit , making it difficult to get approved for credit cards and other lines of credit.
Credit Corp
MAY 23, 2021
Bankruptcies, for instance, often remain on record for up to a decade. Tip: Liens and civil court judgments used to appear on credit reports, but credit bureaus no longer collect information about those types of public records. Bankruptcies are now the only public records included on credit reports.
Better Credit Blog
APRIL 1, 2022
Other Factors: Keeping a mix of different types of credit — a student loan, a couple credit cards, a car loan, and a mortgage, for example — will help your credit score some. Limiting new credit applications can help, too. But it won’t help your credit score. A Credit Report is Complex Yet Simple.
Sawin & Shea
JUNE 9, 2021
Approximately one third of consumers with a credit bureau file were contacted by at least one creditor or debt collector each year, according to a CFPB (Consumer Financial Protection Bureau) survey. Give information about a debt to a credit bureau without having informed you by phone or email first.
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