Dallas Bankruptcy: How long will it stay on my credit report? It depends on what Chapter you file under. Chapter 13 bankruptcy cases will stay on a credit report for seven years from the date the case is filed. Most Chapter 13 bankruptcy cases last five years, so after the case is completed the bankruptcy […]
Denton Bankruptcy Attorney: INACCURATE CREDIT REPORT
Denton Bankruptcy Attorney: Three out of four credit reports contain inaccurate information. These errors include mistakes regarding missed payments, incorrect balances on accounts, and even statements that you owe money to a creditor when you don’t. In order to remove these mistakes from your credit report, first you need to know that they exist. A […]
FILING BANKRUPTCY MAY IMPROVE YOUR CREDIT RATING
Many people do not file bankruptcy because they fear that it will ruin their credit score. The reality is that by the time most people start thinking about filing bankruptcy, they already have a poor credit rating, and for those people, filing bankruptcy may in fact improve their credit rating. There are several reasons why […]
HOW DOES BANKRUPTCY AFFECT MY CREDIT RATING?
I’m often asked about how filing bankruptcy will affect a person’s credit rating. By itself the act of filing bankruptcy has a negative impact on a credit rating. Filing bankruptcy will negatively impact your credit report for 7 years following filing Chapter 13 bankruptcy and for 10 years in a Chapter 7 bankruptcy case. But […]