Here’s the good news:In a Chapter 7 bankruptcy, most types of unsecured debt are completely wiped out—like credit card debt, personal loans, medical bills, repo debt, and more. So, if you’re planning to file for bankruptcy, why keep paying those debts? It’s like throwing your money...
Bankruptcies and foreclosures There’s no getting around it, a bankruptcy on your credit report is not a good thing. But that doesn’t mean you still can’t obtain a loan. Even though a bankruptcy may stay on your credit report for seven to ten years, lenders will often consider the cir...