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What Happens After a Personal Loan Bankruptcy Discharge?

Sawin & Shea

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.

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560 Credit Score

Better Credit Blog

There are a lot of factors affecting your credit score , with some carrying more weight than others. Repossessions. Debt collections. The issues above can hinder your access to both revolving lines of credit and installment loans. Personal Loan Options with a 560 Credit Score. Bankruptcy.