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Many people who have filed bankruptcy in the past apply for credit the wrong way.
They fill out a credit application and hope for the best. Best case, they probably end up paying a lot more in interest and finance charges - hundreds or even thousands of dollars more, depending on what they're buying.
That said, in this article we are going to talk about the RIGHT way to apply for credit and loans. So what is it? Well there are three steps:
1) Learn how to increase your credit score
2) Know the credit approval process
3) Know how to apply for credit and Click here to read more from this article
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Bankruptcy trustees grill monk at hearing GALESBURG , Ill. --- A pair of federal bankruptcy trustees and a private attorney grilled the leader of the Buchanan Abbey under oath Friday afternoon. Sun, 15 Jan 2012 06:18:25 -0800
Videos You May Like Enter your email address below and we will send you a link to reset your password. Researchers say bankruptcy lawyers were much more likely to steer Black debtors into Chapter 13 bankruptcy than white filers of the identical financial situation. Fri, 27 Jan 2012 15:08:32 -0800
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According to the American Bankruptcy Institute "household debt is at a record high relative to disposable income." The Administrative Office of the U.S. Courts reported that the number of filings for the year ended March 31, 2003 "exceeded 1.6 million for the first time in any 12 month period," a 15.1 percent increase from the previous year.
There are two basic types of personal bankruptcy: Chapter 7 and Chapter 13. Chapter 7 Bankruptcy and Chapter 13 are legal proceedings that are available to a person to cope with a financial crisis. Personal bankruptcy must be filed in a Click here to read more from this article
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