 Category :: Bankruptcy Articles |
Author :: Jessica Bennet  |
| |
| Article Title :: Bankruptcy Risk Score - Determining Bankruptcy Risk and Delinquency |
| |
| Most of us are aware of the credit score - a numerical quantity widely used to assess your credit worthiness. But there’s another scoring tool that can debar you from getting credit. It's the Bankruptcy Risk Score - a supplementary score that most creditors and lenders scrutinize prior to offering credit.Personal bankruptcy seems to be a major consumer credit problem for lenders and credit providers. Since creditors cannot recover losses due to bankruptcy without litigation, so consumers filing bankruptcy are more costly for them. The year 2005 has experienced record number of bankruptcy filings - at least 31.6% higher than 2004 prior to the new law coming into effect. (read full article) |
| |
 |  |
| |
| Category :: Bankruptcy Articles |
Author :: Chris Simons |
| |
| Article Title :: Three Quick Steps To Getting A Mortgage After Bankruptcy |
| |
| Finding a mortgage after bankruptcy is much easier today than it used to be. After you have declared bankruptcy and cleaned up your credit, you can easily qualify for a mortgage with a reasonable rate. To get the best rate possible you will want to have your finances in order and be able to pay a large down payment.Step One: Give Yourself Enough TimeMost lenders prefer that it has been at least two years since bankruptcy has been filed. If you have paid all your payments on time since filing bankruptcy and have waited the two years, you will most likely be able to get complete financing for your home. If you want to get a mortgage before the end of the two years it is a litt (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: L. Sampson |
| |
| Article Title :: 3 Ways To Get Credit After Bankruptcy |
| |
| Declaring bankruptcy may seem like a financial disaster, but it is possible to bounce back in a short amount of time. In most cases, you have to give up your credit cards when you declare bankruptcy. But it's almost impossible to do certain things--like rent a car or reserve a hotel room--without a credit card. Fortunately, there are some ways you can get credit after bankruptcy.Get a secured credit card.Secured credit cards are available to almost everyone, even those who have recently declared bankruptcy. You make a cash deposit of a certain amount--say, $250--and you're given a credit card with a $250 limit. Your deposit "secures" your card so that, if in the (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: R. Lawrence Anderson |
| |
| Article Title :: Surviving Bankruptcy: Qualifying for Credit and Loans |
| |
| When many people think about surviving bankruptcy, they are usually worried about whether or not they will be able to qualify for credit and loans in the future.So how does one go about surviving bankruptcy? First, you need to put together a game plan - then focus on working that plan.For example, let's say that qualifying for credit and loans is one of your concerns when it comes to surviving bankruptcy - and by the way, it's a valid concern.So what would your "surviving bankruptcy" game plan look like when it comes to qualifying for credit and loans? Here are three steps you could follow:Surviving Bankruptcy Step #1: Rebuild your creditRebuildin (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: R. Lawrence Anderson |
| |
| Article Title :: Help After Bankruptcy: You Just Need to Know Where to Look |
| |
| Help after bankruptcy is out there if you know where to look. In this article I am going to talk about help after bankruptcy when it comes to rebuilding your credit.Let's start by looking at some of the free help available after bankruptcy when it comes to rebuilding your credit. There are some excellent online resources available that show you how to rebuild your credit history - and, of course, some you want to stay away from.What are some good credit rebuilding resources that can help after bankruptcy? The websites of the major credit reporting agencies are a good starting point (Experian, Equifax, and Trans Union). Many offer helpful articles, as well as "question and an (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: Joseph Kenny |
| |
| Article Title :: Bankruptcy – The Effects of Bad Credit |
| |
| There was a time when bankruptcy was probably the biggest stigma that could be attached to anyone in business. Thankfully those days are long gone. Today, bankruptcies are fast, efficient and frequent court procedures designed not as a punishment for the creditor, but as a means of drawing a line under un-payable debts and allowing everyone to move on. While most people would not exactly like to be made bankrupt, in most cases where it becomes necessary, it is seen as a welcome release rather than a humiliating penalty.When You Become BankruptBankruptcy is what happens when you simply cannot repay your debts. How it comes about is one of your debtors, someone who you (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: Warren Graham |
| |
| Article Title :: You're Suing ME?! Adding Insult to Injury to Creditors of Bankrupt Debtors |
| |
| In the course of managing a bankruptcy-centered law practice, one notices that certain themes tend to recur. One of the things that seems, repeatedly and quite understandably, to make the blood of credit managers in bankruptcy cases boil, is the prospect of being sued for a 'preference' while they are already stuck with a bad account receivable. This seems to many vendors to be the ultimate outrage. Having shipped goods, or rendered services on credit, in good faith, and in the expectation of being paid, and then, having already been burned (often for substantial sums) by the bankruptcy filing itself, they may find themselves pursued by a trustee or other estate representative, to give (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: Mary Stevens |
| |
| Article Title :: Life After Bankruptcy |
| |
| So you've finally been discharged from your bankruptcy, and now you are free to do whatever you want again. The world is your oyster!But before you grab a bucket and head for the beach, there are a few things you need to know. First of all, a bankruptcy discharge is not a license to shop. That itch to celebrate your newfound freedom might almost impossible to ignore, but if you want to stay debt-free, you are going to have to lay low for awhile, especially in the three months after your discharge.Here's why: you probably feel like you've been in debt forever, but you're not the only one who knows it. Credit card companies have caught the scent too, and chances are you're get (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: Ian W Anderson |
| |
| Article Title :: Bankruptcy: Tips To Avoid It |
| |
| Although it may seem like an easy solution to major financial difficulties, it is best to avoid bankruptcy at all cost. There are many reasons for avoiding bankruptcy and many tips for helping those in financial difficulty avoid resorting to bankruptcy. Before beginning to consider bankruptcy, it is best to weigh the negative consequences.Reasons for avoiding bankruptcy include:Credit Record - Once a party has filed for bankruptcy, this will stay on their record for ten years. With the easy access to credit checks, having bankruptcy on a credit report will undoubtedly make it difficult for parties to receive loans and credit. Even if creditors will allow for limited credit w (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: Michael Curry |
| |
| Article Title :: If You're Looking for an Alternative to Bankruptcy an IVA Could be the Answer |
| |
| IVA- An Alternative to BankruptcyFor many people the idea of going bankrupt feels them with horror- and it’s not difficult to understand why. Going bankrupt has all sorts of social stigmas associated with it, not to mention a whole host of disadvantages and disqualifications.No wonder then that the IVA, introduced by the government in 1986, is so attractive since it offers a good and legitimate alternative to bankruptcy.Why Seek an Alternative to BankruptcyBankruptcy has numerous disadvantages associated with it which means that an alternative should be sought if at all possible.As well as the social stigma attached to bankruptcy, there a (read full article) |
| |
| |
| |
| |
| Prev 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 Next |
Article Categories
