chapter 7 | Credit Score Keys

7 Ways You Can Kill Your Credit Score

Don't kill your credit with sloppy mistakes Image Source: Flickr User Ken and Nyetta

Don't kill your credit with sloppy mistakes
Image Source: Flickr CC User Ken and Nyetta

When you’re just coming off a Chapter 7 or Chapter 13 discharge, rebuilding your credit is imminently important. And even when your credit is back on track, you must ...

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Changes to FICO Credit Score Calculation Can Benefit Those Dealing with Medical Debt

FICO score changes may impact the effect of your medical debt on your credit
Image Source: Flickr CC User Jay Gorman

The purpose of a credit score is to help potential creditors and lenders assess whether you’re a good risk for a loan, credit card ...

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3 Simple Steps to Improve Your Credit Score – How to Keep Your FICO Climbing After Bankruptcy

Credit cards can help your credit score
Image Source: Flickr CC User Ed Ivanushkin

Many consumers don’t truly understand how credit scores are calculated and are surprised that their scores don't improve despite their best attempts. That’s because the FICO calculation is complex and ...

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How to Get Rid of a Judgment Lien with Chapter 7 or 13 Bankruptcy

Judge

When you are sued over an unpaid debt – typically for credit card debts, medical bills or the remaining balance after a car was repossessed – if you lose the lawsuit, the court can issue the creditor a judgment against you. With this judgment in ...

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How Long Can You Stay in Your Home if You Surrender it in Chapter 7 Bankruptcy?

Moving day

If you're deep in debt and behind on your mortgage, you may be scrambling for solutions. Chapter 7 is an answer to many debt dilemmas and can even help you sort out a mess with your house. One of the options that many people ...

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Why Chapter 7 Is Almost Always Better for You – Even If You're Trying to Stop Foreclosure

In the Middle District of North Carolina, more bankruptcy filers choose Chapter 13 than Chapter 7 – it's opted for 20% more than the full discharge plan. But is this the best option for the majority of bankruptcy filers? Chapter 13 can be very useful ...

Read more about Why Chapter 7 Is Almost Always Better for You – Even If You're Trying to Stop Foreclosure

Why Chapter 7 Is Almost Always Better for You – Even If You're Trying to Stop Foreclosure

Read more about Why Chapter 7 Is Almost Always Better for You – Even If You're Trying to Stop Foreclosure

What Happens to Your Car in Chapter 7 Bankruptcy? Depends on Your Payment Status and Value

In most areas of North Carolina, a vehicle is a necessity. You need something to drive to get to work, to the grocery store, to pick your kids up from school and activities and to conduct your life. If you're so deep in debt that ...

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Why Debtors Choose Chapter 13 Over Chapter 7 Bankruptcy and Why It May Be Better For You

Many of our clients that come in for their initial free consultation aren't sure which type of bankruptcy is best for them and many aren't clear on the differences between the most common chapters – seven and thirteen. Our first job is to educate you ...

Read more about Why Debtors Choose Chapter 13 Over Chapter 7 Bankruptcy and Why It May Be Better For You