Term: Bankruptcy
10 found

How I’m Rebuilding My Credit After Bankruptcy

By Steven Shaw on 8/5/2015

rebuilding credit

Tracy M. (he asked we not share his full name) is rebuilding his credit for the second time. It’s a long haul but despite numerous obstacles — including six-figure student loan debt that has tripled due to fees and interest — he’s not giving up.

credit report
Bankruptcy
credit score
rebuild credit
rebuilding credit

Can I Walk Away From My House After Bankruptcy?

By Steven Shaw on 7/28/2015

Help! Do I Have to Go Through Foreclosure After Bankruptcy?

Bankruptcy and foreclosure can each have serious negative consequences for your credit scores. But what if you experience one and then the other? Is it a double-whammy?

Bankruptcy
Foreclosure

5 Credit Cards You Can Get After Bankruptcy

By Steven Shaw on 6/1/2015

5 Credit Cards You Can Get After Bankruptcy

There is nothing fun about declaring bankruptcy, but those who emerge from it can be thankful for the opportunity to rebuild their finances without the burden of debt. And while one of the quickest ways to rebuild your credit is with a credit card, there are few cards that you can get soon after bankruptcy.

Bankruptcy
credit cards
Secured Credit Card
Secured credit cards

How to Get a Car Loan After Bankruptcy

By Steven Shaw on 3/30/2015

How to Get A Car Loan After Bankruptcy: A Step-by-Step Guide

Buying a car can feel stressful enough, but when you have been through bankruptcy it may feel downright terrifying. No matter what the circumstances that led to your filing — large medical bills or a job loss, for example — you probably feel embarrassed and afraid that no one’s going to want to give you the time of day, much less a decent loan.

Auto
auto loan
Bankruptcy

How Soon Can I Buy a House After Bankruptcy or Foreclosure?

By Steven Shaw on 10/17/2014

How Soon Can I Buy a House After Bankruptcy or Foreclosure?

Bouncing back from bankruptcy or foreclosure takes time. But that doesn’t mean you have to shelve your home buying aspirations for some interminable stretch.

They’re called “boomerang buyers” for a reason.

 

Bankruptcy
Chapter 13 bankruptcy
Chapter 7 bankruptcy
Foreclosure

Haunted By Bad Credit? 5 Ways to Fight Back

By Steven Shaw on 10/31/2013

bad credit

Zombie debts that just won’t die. Judgments that haunt you for years, or decades even. Tax liens that block you from buying a home or financing a car. Medical debts that seem to come at you from all sides. Student loans that follow you to the grave.

free credit reports
bad credit
Bankruptcy
cease contact letter
credit report
credit score
free credit score
rebuild credit
rebuilding credit

2 Years After Bankruptcy, My Credit Is Still Bad — Why?

By Steven Shaw on 8/29/2013

after bankruptcy credit

The decision to file bankruptcy isn’t an easy one, but it does offer a way out for those who are faced with debts that they won’t ever be able to pay. And while it offers a chance at a fresh start, trying to repair the damage bankruptcy does to your credit can be downright frustrating, as one of our readers explains in this question:

Bankruptcy
credit report
credit reports
credit score
credit scores
Moving Forward After Bankruptcy

Do We Need to Change Bankruptcy Rules for Student Loans?

By Steven Shaw on 3/8/2013

Do We Need to Change Bankruptcy Rules for Student Loans?

This is the fourth article in a series devoted to consumer issues for National Consumer Protection Week March 3-8.

Ever since the Guaranteed Student Loan Program was established under the Higher Education Act of 1965 — offering government-guaranteed loans to students — an ongoing debate has ensued over whether a student loan borrower should have the same option of discharging the debt in bankruptcy as consumers facing default on other types of debt.

managing debt
Bankruptcy
ncpw
student loans
students

Why You Can’t Get a Home Loan

By Steven Shaw on 1/9/2013

Confidence and optimism. Momentum and recovery.

So why can’t you get a home loan?

Bankruptcy
Foreclosure

Why You Can’t Get a Home Loan

By Steven Shaw on 1/9/2013

Confidence and optimism. Momentum and recovery.

So why can’t you get a home loan?

Bankruptcy
Cash on Hand
Debt-to-Income Ratio
Employment