Tag Archives: Credit Score
Rebuilding Credit After Bankruptcy
Some people put off bankruptcy, or refuse to file altogether, because they are afraid it will “ruin their credit.” But, to be blunt, their credit is already “ruined,” in many cases. Negative information, like past-due mortgage payments or automotive repossessions, stays on credit reports almost as long as a bankruptcy filing. Furthermore, by following… Read More »
Restoring Credit After Bankruptcy
If you’re considering bankruptcy, your credit score has probably dropped while your debts have mounted. In the Chicago area, before filing for bankruptcy, consult first with an experienced Chicago bankruptcy lawyer who may be able to recommend other options. Every time you miss a mortgage payment, auto loan payment, or credit card payment, your… Read More »
