Sawin & Shea

SEPTEMBER 14, 2022

When filing Chapter 7 or Chapter 13 bankruptcy, it’s critical to understand the difference between consumer debt and non-consumer debt. Your consumer and non-consumer debts impact your ability to file Chapter 7 bankruptcy, and your debt types also determine what’s protected by an automatic stay when filing Chapter 13 bankruptcy.

Chapter 13 bankruptcy 122

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Student loans 122

Better Credit Blog

DECEMBER 31, 2020

Have a hard inquiry on your credit report from Comenity Bank/VCTRSSEC? Comenity Bank/VCTRSSEC On My Credit Report. Comenity Bank is a premier producer of retail credit cards, partnering with 145 popular brands to offer credit cards to consumers. How Does a Comenity Bank/VCTRSSEC Hard Inquiry Affect Your Credit Report?

Banks 89

Banks Retail Lender Repossession 89

Sawin & Shea

APRIL 17, 2024

Chapter 13 bankruptcy is an invaluable financial tool for those struggling with overwhelming debt, and it can pave the way for a fresh start. Unlike Chapter 7 , Chapter 13 bankruptcy allows you to avoid liquidating your non-exempt assets. What Is a Chapter 13 Bankruptcy Filing?

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 52

Credit Corp

APRIL 26, 2024

A property is foreclosed or repossessed. The IRS provides a list of exclusions, which include debts that were forgiven because you were insolvent or involved in certain types of bankruptcies. You may want to double-check with your bankruptcy lawyer about whether you need to claim 1099-C income relevant to your bankruptcy discharge.

Repossession 52

Repossession Creditors Bankruptcy Foreclosure 52

Sawin & Shea

APRIL 10, 2024

Chapter 7 bankruptcy is a great financial solution for those struggling with debt, especially unsecured debts. With Chapter 7 bankruptcy, you as the debtor can discharge most unsecured obligations after liquidating nonexempt assets. For experienced bankruptcy lawyers in Indiana, contact Sawin & Shea, LLC.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Bankruptcy Debtor Unsecured Creditor 52

Sawin & Shea

APRIL 20, 2021

Before you reach this point, an Indiana bankruptcy attorney can step in to help you keep your home and get your finances back on track. Anybody, including the mortgage bank can bid on the property. In fact, the mortgage bank can bid in all or part of the money judgement that they received in the foreclosure lawsuit.

Foreclosure 93

Foreclosure Bankruptcy Lender Repossession 93

Credit Corp

MAY 3, 2021

The bank repossesses the car, but you still owe $20,000 on it. If the car is worth $15,000, the bank can sell it and recover that much of the loan—leaving $5,000 of debt to be canceled. You file for bankruptcy with $60,000 in unsecured debts, which are all discharged. That debt is also considered canceled.

Repossession 94

Repossession Bankruptcy Creditors Unsecured Debt 94

Credit Corp

FEBRUARY 9, 2024

Foreclosure means that your mortgage lender can legally repossess your house due to nonpayment. A short sale will affect your credit , but the effect will be less than that of a foreclosure or bankruptcy. File for bankruptcy. Filing a bankruptcy petition that includes your mortgage puts an automatic stay in place.

Foreclosure 52

Foreclosure Lender Bankruptcy Loans 52

Debt Free Colorado

APRIL 9, 2020

They will feel obligated to protect their interest in the collateral (your car) and can move quickly to repossess after only a few missed payments. To speak with a Colorado attorney experienced in debt relief and bankruptcy, call The Law Office of Clark Daniel Dray at (303) 900-8598 or use the tool below to scheduled a free consultation.

Student loans 82

Student loans Student Loans Chapter 13 bankruptcy Chapter 7 bankruptcy 82

Sawin & Shea

JANUARY 25, 2022

Dealing with debt can be scary and overwhelming, especially if you don’t know what will happen if you miss too many payments and default or have to file bankruptcy. While bankruptcy itself can also be scary, it is often the best option if you have too much debt to get a handle on your financial situation.

Unsecured Debt 52

Unsecured Debt Collateral Secured debt Bankruptcy 52

Jimerson Firm

NOVEMBER 11, 2020

a bankruptcy filing, business shutdown, or foreclosure by a prior lienholder) that caused the loan to be classified in liquidation status or sooner if the collateral could be removed, lost, or dissipated. Within fifteen (15) days of the occurrence of an adverse event (i.e.

Collateral 98

Collateral Loans Lender Repossession 98

Sawin & Shea

APRIL 24, 2024

Before someone makes a bankruptcy filing, it is not uncommon for debtors to feel as if they have to make some tough decisions. But this decision to prioritize paying a single creditor over another can complicate their case should they decide to start bankruptcy paperwork. Which creditors can they pay?

Bankruptcy 52

Bankruptcy Unsecured Creditor Debtor Creditors 52

Better Credit Blog

JANUARY 21, 2021

General Electric Capital Retail Bank, abbreviated as GECRB, is the former name for Synchrony Bank, and it’s probably on your report because you applied for a Synchrony card at some point in the past. Synchrony Bank, formerly GECRB, is a sizable, highly regarded national bank with nearly a century of experience.

Retail 52

Retail Banks Loans Repossession 52

Better Credit Blog

AUGUST 7, 2020

If you’ve come across the name SYNCB on your credit report, it’s probably because you applied for a credit card with the bank or one of its popular retail partners. Though the name SYNCB is foreign to most people when they encounter it on their credit report , it represents a popular national online bank, Synchrony. What Is SYNCB?

Retail 52

Retail Lender Debt collector Banks 52

Credit Corp

AUGUST 23, 2021

You might also talk to your bank or credit union about available loans that would be looked upon more favorably. Recently opened bank revolving trades. on Capital Bank's secure website. Collections accounts, bankruptcies, foreclosures, and repossessions are all examples of negative public records that could impact your score.

Lender 104

Lender Loans Personal loans Trade 104

Better Credit Blog

DECEMBER 2, 2020

Banana Republic SYNCB stands for Banana Republic Synchrony Bank. Banana Republic offers these cards through a partnership with Synchrony Bank, which issues credit cards for dozens of national retailers. During that time, you should file a dispute with the credit bureaus and Synchrony Bank. Repossessions. Charge-offs.

Lender 52

Lender Repossession Loans Foreclosure 52

Better Credit Blog

DECEMBER 2, 2020

Banana Republic SYNCB stands for Banana Republic Synchrony Bank. Banana Republic offers these cards through a partnership with Synchrony Bank, which issues credit cards for dozens of national retailers. During that time, you should file a dispute with the credit bureaus and Synchrony Bank. Repossessions. Charge-offs.

Lender 52

Lender Repossession Loans Foreclosure 52

Debt RR

DECEMBER 13, 2019

Banks can seize business assets and liquidate as a last resort to cut their losses. Missing payments on secured debt causes the creditor to repossess the property as recourse. Businesses that file for Chapter 11 bankruptcy have all of their affairs (debts, assets, or otherwise) reorganized by a judge. The question is who?

Chapter 7 bankruptcy 43

Chapter 7 bankruptcy Bankruptcy Creditors Retail 43

Better Credit Blog

NOVEMBER 19, 2020

You may be less familiar with SYNCB , though the name belongs to a popular bank. Synchrony is a large national bank that offers a range of products and accounts, from checking and savings to retirement accounts. You just need to mail a letter to the bank and the credit bureaus disputing the entry. Repossession.

Lender 52

Lender Loans Repossession Banks 52

Better Credit Blog

OCTOBER 28, 2020

If you’ve applied for a Toys R Us credit card from Synchrony Bank, it could put a dent in your credit score for years, especially if it’s one of multiple hard pulls on your report. SYNCB is the abbreviated name of a well-known national bank, Synchrony. SYNCB is the abbreviated name of a well-known national bank, Synchrony.

Retail 40

Retail Banks Repossession Foreclosure 40

Better Credit Blog

DECEMBER 29, 2020

CFNA Bank is short for Credit First National Association, a credit card bank and credit arm of Bridgestone Americas. The bank offers credit cards for Firestone Complete Auto Care, Wheel Works, and Tires Plus. When you apply for a CFNA card, the bank runs a hard inquiry, which allows them to access your credit report.

Lender 52

Lender Creditors Banks Repossession 52

Better Credit Blog

DECEMBER 23, 2020

However, the acronym is actually short for two popular companies, Synchrony Bank and PayPal Credit, formerly PayPal Bill Me Later. SYNCB is short for Synchrony bank. Among its extensive lineup of banking products, the institution offers credit cards in partnership with dozens of big-name brands and retailers. Repossession.

Banks 52

Banks Repossession Foreclosure Retail 52

Better Credit Blog

JANUARY 29, 2021

Macys DSNB is the reporting code that represents the Macy’s credit card issued by Department Store National Bank. According to their credit card policy , the bank may obtain the following info when you apply for a card: SSN. A credit repair company is also a great asset if you’re facing any of the following: Bankruptcy.

Repossession 52

Repossession Banks Loans Creditors 52

Better Credit Blog

DECEMBER 28, 2020

The bank provides banking, investing, and lending to consumers nationwide, including auto financing through Wells Fargo Dealer Services. You can call, write, or meet with a representative of the bank to get to the bottom of the inquiry. Repossessions. WFDS may be an unfamiliar name, but the company it represents isn’t.

Loans 52

Loans Repossession Lender Banks 52

Better Credit Blog

DECEMBER 28, 2020

Wells Fargo is one of the nation’s leading banks. This type of credit check gives companies and banks access to your complete credit reports. When you applied for a Wells Fargo card, the bank may have obtained any one of your credit reports. Repossessions. Bankruptcy. WF Crd Svc On My Credit Report. Charge-offs.

Loans 52

Loans Repossession Lender Banks 52

Better Credit Blog

DECEMBER 28, 2020

CitiBank is a sizable national bank that offers a full array of banking services, loans, credit cards, and investment services. In the couple of minutes it takes to apply for a credit card and get an answer, the bank can run a hard inquiry, accessing your credit report to aid them in their decision. Repossessions.

Lender 52

Lender Creditworthiness Repossession Loans 52

Better Credit Blog

NOVEMBER 30, 2020

AMEX/DSNB represents American Express/Department Stores National Bank. Department Stores National Bank issues credit cards for Bloomingdale’s and Macy’s. They can also assist you with more complicated credit problems, such as: Bankruptcy. Repossessions. What Is AMEX/DSNB On My Credit Report? In-store only cards.

Lender 52

Lender Repossession Loans Banks 52

Better Credit Blog

DECEMBER 8, 2020

In this case, the inquiry is for a BP credit card offered through Synchrony Bank. BP SYNCB stands for BP Synchrony Bank. Synchrony is a large bank that is known for its long lineup of store cards, with brands like: Banana Republic. BP Synchrony Bank offers two cards: the BP Visa Credit Card and the BP Credit Card.

Collection Agencies 52

Collection Agencies Collections Agency Loans Banks 52

Better Credit Blog

JANUARY 29, 2021

If you applied for a Citibank credit card, the bank might have accessed one or more of your credit reports, meaning each of your reports could feature a hard inquiry. It could be there as the result of a simple reporting error at the hands of the bank or credit bureaus. Repossession. Charge-offs. Debt collectors. Foreclosure.

Repossession 52

Repossession Loans Financial Institution Foreclosure 52

Better Credit Blog

JANUARY 5, 2021

Credit checks allow prospective lenders, banks, employers, and landlords to see your credit reports. The bank could provide you with relevant details about the application and inquiry, which could be crucial to getting it removed. Bankruptcy. Repossession. Ask Lex Law for Help. How Do Hard Inquiries Work? Charge offs.

Retail 52

Retail Loans Repossession Lender 52

Better Credit Blog

JANUARY 5, 2021

The credit code represents Comenity Capital Bank/Lending Club, and it’s likely on your account because you applied for Lending Club’s Patient Solutions. The credit accounts are issued by Comenity Capital Bank. In this case, the source is Comenity Bank. Bankruptcy. Repossessions. Late payments. Debt collectors.

Repossession 52

Repossession Lender Banks Loans 52

Better Credit Blog

JANUARY 5, 2021

Credit checks allow prospective lenders, banks, employers, and landlords to see your credit reports. The bank could provide you with relevant details about the application and inquiry which could be crucial to getting it removed. Bankruptcy. Repossession. Ask Lex Law for Help. How Do Hard Inquiries Work? Charge offs.

Retail 52

Retail Loans Repossession Lender 52

Better Credit Blog

DECEMBER 31, 2020

CITGO/SYNCB represents the CITGO credit card issued by Synchrony Bank. Synchrony is a popular bank that offers rewards credit cards, including popular brands such as: Banana Republic. They’ll help you improve your score, coming up with a targeted plan for recovering from issues like: Bankruptcy. Repossessions.

Lender 52

Lender Loans Repossession Foreclosure 52

Better Credit Blog

FEBRUARY 15, 2021

If you miss a payment, your landlord, cable provider, lender, or bank will contact you repeatedly to seek repayment. They can also walk through other significant credit issues, like: Bankruptcy. Repossessions. Ask Lex Law for Help. How FCO Collections Works. Unless you settle your account, it will eventually enter collections.

Collections 52

Collections Collection Agencies Collections Agency Debt collector 52

Better Credit Blog

DECEMBER 18, 2020

Cb/Vicscrt is short for Comenity Bank/Victoria’s Secret. Comenity Bank is one of the nation’s leading producers of branded retail credit cards, with over 145 cards on offer. Bankruptcy. Repossessions. The entry is most likely on your report as a hard inquiry, which happens when you apply for a retail credit card.

Retail 52

Retail Lender Loans Repossession 52

Better Credit Blog

DECEMBER 9, 2020

Hard inquiries happen whenever you apply for funding from a bank, retailer, or lender. These industry experts can help you with more trying credit problems, too, such as: Bankruptcy. Repossession. How Long Will a BBY/CBNA Hard Inquiry Stay on Your Credit Report? They may also happen when you apply for a new lease or a job.

Lender 52

Lender Retail Repossession Foreclosure 52

Better Credit Blog

FEBRUARY 24, 2021

If you’ve fallen behind on payments in an industry like one of the ones listed below, it could be to blame for the collections entry on your report: Bank credit cards. Repossessions. Bankruptcy. But FNCB is hired by businesses to collect on debts. Retail cards. Telecommunications. Foreclosure. Identity fraud.

Collections 56

Collections Collection Agencies Collections Agency Debt collector 56