Building Credit: What Are the Rules of the Game?
How Is My Credit Score Determined? An important first step for building credit is knowing the rules of the game and what is considered when calculating your credit score. Just like most situations in which a score is calculated, once you know what you need to do to...
Why is Credit So Important?
Does Credit Really Matter? The short answer is YES. Credit matters and your score is important. Your credit often plays a key role in whether or not you will be approved for housing, a credit card, a vehicle loan, a home loan, and more. Despite the fact that “credit”...
Types of debts that can be eliminated through Chapter 7
Is Chapter 7 Right for You? Part Four What types of debts can be eliminated in Chapter 7? Many debts can be wiped out in Chapter 7 without repayment. Generally the list of dischargeable debts includes: Credit cards Medical bills Personal loans Payday loans Cash...
How to Qualify for Chapter 7 Bankruptcy
Is Chapter 7 Right for You? Part Three Is it Possible to Not Meet the Requirements for Chapter 7? There are some things that could cause you to not qualify for Chapter 7. Most commonly, those things include earning too much income and filing a Chapter 7 within the...
Protecting Your House in Chapter 7 Bankruptcy
Is Chapter 7 Right for You? Part Two How Can I File Chapter 7 and Keep My House? Being able to keep your house after filing Chapter 7 bankruptcy is a thing! However, it is important that you meet with an experienced bankruptcy attorney to make sure that your home or...