Sawin & Shea
FEBRUARY 28, 2024
When filing for bankruptcy, you can discharge certain types of personal loans, meaning that you’re no longer legally responsible for paying off the debt. If you’re considering filing for bankruptcy, you need to know what personal loans you can discharge and which filing method suits your financial situation.
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?
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Credit Corp
APRIL 26, 2024
A property is foreclosed or repossessed. Is a 1099-C Form Good or Bad for Your Credit? So, while getting a 1099-C itself doesn’t change your credit at all, you’ve probably already experienced a negative hit to your score. You must also be an applicable financial entity, such as a bank or credit union.
Better Credit Blog
AUGUST 21, 2020
There are a lot of factors affecting your credit score , with some carrying more weight than others. Bankruptcy. Repossessions. The issues above can hinder your access to both revolving lines of credit and installment loans. Some of the most common contributors to a “very poor” score include: Late payments. Foreclosures.
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. Revolving trades refers to revolving credit accounts. These are accounts such as credit cards and lines of credit—they’re considered revolving because you can use them repeatedly. Card Details +.
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