I filed Chapter 7 last year and when I applied for a credit card this year I was denied and the reason was "bancruptcy".
Yes. It is the most common reason for filing for bankruptcy. If the judgment creditor had an execution issued and attached any equity in your home, you may have a problem.
Yes, but do you want to. If your spouse is signed with you on any loan or credit card and he/she doesn't file for banruptcy, he/she will now be responsible for the debt.
Ten years from the date of original filing.
Whether you are filing Chapter 13 or Chapter 7 bankruptcy, your credit score will be directly impacted for 7-10 years AFTER you exit protection.
It depend on the individual credit card companies if they report on your credit history or not, like some department store credit cards may not show on a credit report
How to get after job filing chapter 7 bankruptcy once it appears on the credit report
No, they cannot come after the purchases. They can object to the discharge if you ran up your credit card balance before filing, and the purchases or cash advances were not for necessities.
Yes, and depending upon the amount, the use of a cell phone or a credit card after a BK filing can result in an automatic dismissal with prejudice of the bankrupcy.
Yes. It is the most common reason for filing for bankruptcy. If the judgment creditor had an execution issued and attached any equity in your home, you may have a problem.
Yes, but do you want to. If your spouse is signed with you on any loan or credit card and he/she doesn't file for banruptcy, he/she will now be responsible for the debt.
Ten years from the date of original filing.
A Chapter 7 BK can eliminate credit card debt.
Whether you are filing Chapter 13 or Chapter 7 bankruptcy, your credit score will be directly impacted for 7-10 years AFTER you exit protection.
It depend on the individual credit card companies if they report on your credit history or not, like some department store credit cards may not show on a credit report
Bankruptcies are a matter of public record and this is why they appear in credit histories. A Chapter 13 listing will remain on your credit report for seven years from the filing date and a Chapter 7 will remain on the credit report for 10 years from the filing date. The credit report entry will state the bankruptcy was filed and dismissed, not discharged.
New businesses are infrequently able to get credit on their own (without a qualfied personal quarantee by the owner) for about 5 years.
7 years from discharge (not filing, but actual date of discharge) of a Chapter 7. Don't know about a 13.