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Currently have good credit no lates but am buried in so much credit card debt that think the only way out is bankruptcy Using credit to pay bills. Can I still file for bankrupcty?
Wiki User
∙ 16y ago
The problem your dealing with, evident in all parts of your question, is that you need to appreciate there needs to be a serious change in your life. Whether it seems that way to you or not, your simply spending more, leading a life style you CANNOT AFFORD. Your entire lifestyle needs to change. You need to establish a budget and then live within it, regardless of what "sacrafices" that means... get financial counseling to appreciate what the effect of your actions is.
Wiki User
∙ 16y ago
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Do creditors list a charge-off on credit reports as of the bankruptcy filing date or as of the discharge date?
Creditors list the charge off date as the date the bankrupcty was filed
If you are an additional card holder on a parent's credit card account and you file bankruptcy will the bankruptcy appear on their credit?
The bankruptcy will appear on their credit if you include this card in your bankruptcy. If you leave the card off the bankruptcy, it will not effect their credit.
Are there prenuptials if the person you plan on marrying filed bankrupcty?
If what is meant by "prenuptials" is a guarantee that a new spouse will not be affected by a bankruptcy discharge made by their husband or wife before the marriage, then no there is not such a thing. A spouse is not directly affected by a bankruptcy incurred before marriage by their partner. The exception being the effect it might have on the couple when applying for joint credit.
How will a bankruptcy effect your credit score?
will bankruptcy increase you credit score over time
Will your credit rating be affected by your partner filing bankruptcy?
If your partner files for bankruptcy and you don't then the bankruptcy will not appear on your credit report. But you will be partly responsible for before bankruptcy filing. Generally filing bankruptcy will affect the credit rating of the individual who filed it.
If you file bankruptcy will that remove a charge off report from a credit card?
Filing bankruptcy does not remove a charge off report from a credit card on your credit report. It just adds bankruptcy to your credit report.
Do you have to get credit counseling before you can file for bankruptcy?
You do not have to necessarily get credit counseling before you can file for bankruptcy.
How do you get bankruptcy off your credit report?
A bankruptcy will remain on a credit report for the required ten years, it cannot be removed arbitrarily.
What happens when a ex files bankrupcty and you we awarded the car in the divorce even though you are making the payments but its in his name do you lose the car just because its in his name?
when you file for bankruptcy you waive your debt, take a big hit to your credit and lose some possesions, as for your specific case its a crap shoot
How do you remove bankruptcy from your credit rating?
The only way to remove a bankruptcy from your credit report is to dispute it to the credit bureaus. The credit bureaus have 30 days under the Fair Credit Reporting Act, to verify your bankruptcy withe the court that filed it or it must be removed from your credit report.
What are the laws pertaining to a credit reporting agency still reporting after a bankruptcy discharge?
Debts included in the bankruptcy should be noted as such in the credit report. The bankruptcy will remain on the credit report for ten years.
Can you remove a bankruptcy dismissal from your credit?
No. Backruptcy will always appear on your credit. After 7-10 years your credit will be as good as someone who has not filed bankruptcy.
