chapter 7

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

FICO score changes medical debt impact Image Source: Flickr User Jay Gorman 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, ...

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 User Ed Ivanushkin 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 ...

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

There is always a choice

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 ...

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

There is always a choice

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 ...

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

Car debts can be solved in Chapter 13

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 ...

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

Making the right bankruptcy choice
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 ...