Sawin & Shea
FEBRUARY 2, 2021
Your Credit Report as Part of Your Bankruptcy. After your Chapter 7 bankruptcy discharge or Chapter 13 bankruptcy period, your bankruptcy attorney will request permission to pull and review your credit report. These are the agencies credit unions and banks use.
Sawin & Shea
JUNE 16, 2021
Con: Chapter 7 bankruptcy stays on your credit report for 10 years. Chapter 13 bankruptcy: In this type of bankruptcy, you and the bankruptcy trustee make a structured plan to pay off a percentage of your debts over a 3-5 year payment plan under the court’s protection. 10% Credit mix.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Sawin & Shea
APRIL 17, 2024
Chapter 13 bankruptcy is an invaluable financial tool for those struggling with overwhelming debt, and it can pave the way for a fresh start. Unlike Chapter 7 , Chapter 13 bankruptcy allows you to avoid liquidating your non-exempt assets. What Is a Chapter 13 Bankruptcy Filing?
Debt Free Colorado
NOVEMBER 28, 2024
Bankruptcy is a legal process that provides individuals and businesses relief from overwhelming debt. In Colorado, as in other states, there are specific types of bankruptcy that cover different financial situations. The two most common types are Chapter 7 and Chapter 13 bankruptcy.
Sawin & Shea
FEBRUARY 28, 2024
A variety of factors determine if you’ll be able to discharge all of certain personal loans, including whether the loan is secured or unsecured and whether you file via Chapter 7 or Chapter 13 bankruptcy. Chapter 7 will remain on credit reports for ten years and Chapter 13 bankruptcies remain for seven years.
Credit Corp
MAY 30, 2023
Chapter 13: With this option, you can discharge some of your debt, like medical bills. The three major credit bureaus include Chapter 13 bankruptcy on your report for up to seven years. Of the two options, Chapter 7 has the more negative impact on your creditors. That’s because you make no repayments.
Debt Free Colorado
NOVEMBER 18, 2023
The higher your credit score before filing for bankruptcy, the worse it will be following your filing. For instance, if your FICO score falls between the good and excellent areas, filing for Chapter 7 or Chapter 13 bankruptcy may result in a 200-point decline in your credit score.
Expert insights. Personalized for you.
98 
Let's personalize your content