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How Long Does a Bankruptcy Affect Your Credit Score

Sawin & Shea

Declaring Chapter 7 bankruptcy may be the best solution in cases like this. There are effects that should be considered, preferably alongside a bankruptcy attorney. What is Chapter 7 Bankruptcy? Filing for bankruptcy is more common than you might think. How Can a Bankruptcy Attorney Help Me?

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What is the Bankruptcy Means Test?

Sawin & Shea

Chapter 7 bankruptcy (the most common form of bankruptcy ) essentially wipes away a large portion of your unsecured debts and protects certain assets you may possess. But many people don’t know that there is a test to qualify for Indiana Chapter 7 bankruptcy. What is the Indiana Bankruptcy Means Test?

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How Long Does It Take to Be Eligible to Buy a House After Bankruptcy?

Sawin & Shea

Mortgage lenders understand that people file for bankruptcy for complex reasons. More than 383,800 people filed for personal bankruptcy in 2022. In addition: 62% of bankruptcies are related to medical debt and collection. 92% of people who file for bankruptcy never file again. Consumers aren’t always at fault.