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Bankruptcy administers a devastating blow to your credit card. A bankruptcy may remain on your credit report for up to 10 years. But these effects do not remain long lasting; it starts to diminish on your credit report as soon as your case is closed....More

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Date Added: Mar 1, 2007 Hits: 0 Rating: 0.00 Votes: 0

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22. The Financial Planning Follies

It seems that some people do not recognize that despite some unpleasant aftereffects, bankruptcy is truly a ?fresh start.? Instead of being satisfied with the benefits they receive some people remain unhappy. Here is a letter I...More

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23. When Your Debts Get Tougher

Financial problems are ones of the most difficult to solve. We cannot do away with them because there will be points of our lives when we need to ask somebody to lend us some amount: big or small. Inevitable situations like death of the...More

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24. Loan After Bankruptcy: Steps To Take Before You Apply

When it comes to a loan after bankruptcy, here are some steps you can take before applying which could increase your chances of qualifying. First, work on increasing your credit score. This is very important, because most lenders will...More

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25. Understanding Chapter 11 Bankruptcy

When a company is unable to service its debt and make payments to its creditors, it may file for bankruptcy protection with a federal bankruptcy court by itself or be forced to by its creditors under Chapter 11 of the United States Bankruptcy Code. This...More

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26. Collection Harassment & Resolving Debt Pt. 2

In the last section we covered rights against harassment and abuse by collectors. We also covered some options that creditor may have to help you resolve delinquent debt. Again I repeat that this is not legal advice but a guideline of...More

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27. Bankruptcy and the Investor

Investing is all fun and games until someone goes broke. One hard reality which ever investor has to come to terms with is that you are not always going to gain. In a matter of six months, with bad decisions, a stock portfolio can be completely...More

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28. Don't Rush to Bankruptcy - But It Might Be Inevitable

What is Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. A declared state of bankruptcy can be uested or initiated by the bankrupt individual or organization, or it can be...More

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29. Alternatives To Filing Bankruptcy?

There is just no easy way to get out of debt, you have to face up to the consequences. A bankruptcy is not always the answer, as the effects are long lasting. There are four ways to handle debts that are out of control, listed in best to worst in...More

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30. Unwrapping Bankruptcy

Bankruptcy is a chice many cnsider when faced with unmanageable multiple debts. But finance experts agree that declaring neself bankrupt shuld be an indebted individual's last resrt t meet his dues. It may free a persn's mind frm the pressure...More

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