Credit Score

Rebuilding Your Credit Score Post-Bankruptcy

A bankruptcy is like a fresh start for someone who is buried in debt and filing for bankruptcy can have a major impression on your life and credit score. Taking some small steps post-bankruptcy can help to allow you to rebuild your credit and establish good habits for the future.
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The Role of Credit Cards and Financial Nightmares

Many people struggle with debt at one time or another. But how do you know when that struggle has become a serious one and you may need to consider consulting with a bankruptcy attorney to see what your options are? Bankrate offers consumers signs to watch for that the organization says should serve as warnings that financial difficulties may be more than a bump in the road and serious attention is needed.
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How to Survive a Financial Crisis

While the unemployment rate has been trending downward since the apex in the beginning of 2010, it does not mean that everyone is in a better economic situation.  If you are still struggling with a personal financial crisis, then there are certain steps you can take to get back on the right track.
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Understanding your Credit Score

There is a lot of talk about how important it is to maintain a good credit profile. If you have poor credit, it can be a challenge to achieve many things that can be made so much easier by maintaining your credit worthiness. However, the problem may be that you do not fully understand what affects your score and how different things can hurt your score. According to Yahoo Finance, it can be simple to understand.
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Credit Scores after Bankruptcy

For people considering bankruptcy, a major concern is how badly your credit score will be affected.  Since bankruptcy stays on a debtor’s record for either 7 or 10 years, it is a reasonable concern.  Since Chapter 7 bankruptcy wipes out debts, it stays on your record for a longer time for at most ten years.  Chapter 13 bankruptcy is a payment plan that is more controlled, so it only stays on record for u
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  • Newland & Newland LLP, Attorneys, Arlington Heights, IL