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Credit Bankruptcy - Essential Information

Someone once said that bankruptcy is essential in order for capitalism to survive ... s credit rating is affected by bankruptcy, with Chapter 7 (basic liquidation) being kept on report ... if they know that this action will remain on their credit record for a long period of time. Even from the beginning, debtors [more...]

Date: 2009-01-16 00:24:18

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What are your alternatives for filing bankruptcy?

The term ‘bankruptcy’ conjures up an image of someone publicly disgraced and broke ... for long. It will remain on your credit report for nearly 10 years due to which no reputed lender ... as a part of the Insolvency Act of 1986 and is a legally approved debt solution. When you opt for an IVA [more...]

Date: 2009-01-16 08:28:53


Should I Declare Bankruptcy?

One of our readers, Alicia, asked: I have one Credit Card debt with a balance of $15,000 can not pay the Min amount they want like 3, ... is because that is how long a bankruptcy will hurt you on your credit report. Bankruptcy actually stays on your credit report for ten years, but as long as you make your payments on time after the bankruptcy [more...]

Date: 2008-11-19 13:59:48



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