Author Archives: Svilen

Credit Repair After Bankruptcy – How To Rebuild My Credit Effectively

Repairing credit after bankruptcy is really a tough job unless you know the tips on how to repair credit after bankruptcy. So, let’s have a quick look at some of the important tips that can help you with credit repair after bankruptcy. Continue reading

Bankruptcy And Credit Score – How To Improve My Credit Score After Filing For Bankruptcy

All of us know that bankruptcy can rip apart our credit score… and make us think that there is no way we can improve our credit score after bankruptcy. While, the negative effect of bankruptcy on credit score is a well-known fact, it is possible to start improving your scores quite quickly. Continue reading

Bad Credit Repair – How To Fix My Bad Credit Effectively

If you have been struggling with bad credit and looking for ways to repairing bad credit, the following tips on bad credit repair would help you. Continue reading

Credit Repair – How To Fix Your Credit And Improve Credit Score

If you are not being offered good rates and terms on the loans, you must starting thinking about credit repairing i.e. improving your credit score. This (your credit score) is what all lenders check before offering you loans or any line of credit (including credit cards). Continue reading

Bankruptcy And Credit Report – How Long Does Bankruptcy Stay On My Credit Report

Whatever your reason for going bankrupt, there will surely be a big negative impact of bankruptcy on credit report… and the bankruptcy remains on your credit report for around 10 years. However, there are ways and means to improve your credit report after bankruptcy. Continue reading

How To Get Out Of Debt – 6 Best Ways For Getting Out Of Debt Fast

If you are burdened with debt, here are six ways by which you can get out of debt fast. Continue reading

Payday Loan Debt Consolidation – All That You Need To Know

Payday loans are approved almost instantaneously. However, the loan amounts are small and they attract a very high rate of interest. So, payday loan debt swells very quickly and hence a lot of people feel the need to go for payday loan debt consolidation. Continue reading

Consumer Debt Consolidation – Here’s What You Need To Know

Consumer debt consolidation comes with its advantages and disadvantages and one must be completely aware of these before taking the plunge. Continue reading

Low Interest Debt Consolidation Loan – Getting A Low Rate

Low interest debt consolidation is favored because you have to pay less every month and you have enough money to live a moderately decent life. There are certain criteria that you need to fulfill to be eligible for a low interest debt consolidation loan. Continue reading

Debt Consolidation Rates – What’s The Best Deal?

Debt consolidation rates are the most important consideration when you are looking to consolidate your debts. In any case, if the debt consolidation loan rates are not lesser than the net effective rate across your current debts… then the debt consolidation loan will not make much sense. Continue reading

Will the New FTC Rules Keep the Debt Settlement Companies Honest?

To bring a control over unscrupulous practices, the Federal Trade Commission (FTC) has passed a new set of rules that will safeguard the consumers from being a victim of the scam debt settlement companies and help them differentiate between the good ones and the bad ones. Continue reading

When To File Bankruptcy?

Have bankruptcy hitting on your mind? The thing with bankruptcy is that not only should you know how to go about it; you need to ask yourself yet another toughie — “When to file bankruptcy?” Continue reading

How To Avoid Bankruptcy – 9 Ways To Prevent Filing For Bankruptcy

While bankruptcy may be the last resort when your finances go bust, there are just as many ways to avoid the same. Here’s a take on what all you can do to avoid bankruptcy, both personal and business. Continue reading

Should I File Bankruptcy?

The bankruptcy laws are broad in scope and effect; hence the only way to take an effective call on bankruptcy is by figuring out the way it works, its pros and cons, and the way it will affect your case. That being said, here are a few pointers to ponder on when you ask yourself, “Should I file bankruptcy?” Continue reading

Bankruptcy Forms – What Forms Are Needed For Filing Bankruptcy

Once you have decided that bankruptcy is the way ahead for you, the next query that lingers on is how to go about it? Filing bankruptcy is a long drawn procedure that involves a lot of paperwork, most of which revolves around filing forms — Bankruptcy Forms or Bankruptcy Filing Forms. Continue reading

Bankruptcy Alternatives – Effective Steps To Get Around Bankruptcy

Most people who consider bankruptcy have one thing in common — unmanageable debts. Knowing that repercussions of bankruptcy that can virtually blot out your financial aspirations, it’s only fair to give it a second thought, or in other words, think of bankruptcy alternatives. Continue reading

Bankruptcy Discharge – How To Discharge Your Debt Across Different Chapters

A bankruptcy discharge can be seen as a “new beginning” as it releases the debtor from any liability for certain kind of debts. This means that a debtor is not required to pay the debts that have been discharged by the bankruptcy court. Continue reading

Credit Card Bankruptcy Laws – How To File Under Chapter 7 And Chapter 13

Bankruptcy due to credit card debt is known as credit card bankruptcy. Many Americans declare credit card bankruptcy but now with these strict laws, the filing of credit card bankruptcy has become more difficult. Continue reading

Bankruptcy Fees – The Cost Of Filing For Bankruptcy

When you file for any kind of bankruptcy you have to pay certain bankruptcy fees. There are different kinds of bankruptcy fees associated with the type of bankruptcy you are filing for such as bankruptcy filing fees, credit counseling fees, administrative fees, bankruptcy attorney fees, petition preparer’s fee. Continue reading

Bankruptcy Exemptions – Find Out Which Assets Are Exempt In Bankruptcy

All the assets, including property, that cannot be sold or seized to clear the debts of a debtor who has filed for bankruptcy forms the part of bankruptcy exemption. Continue reading

Bankruptcy Trustee Duties… Across The Various Chapters!

A bankruptcy trustee is an individual who is in charge of the administration process of the bankruptcy. The trustee is generally appointed by the court and supervises the bankruptcy process. Acting as a negotiator between the creditor and the debtor, the trustee’s chief duty is to oversee that the interests of both the parties are maintained. Continue reading

Bankruptcy Petition – Things To Keep In Mind Before Filing For Bankruptcy

A bankruptcy petition is the application which a debtor submits in court to declare bankruptcy. Once the bankruptcy petition is approved by the court, then the proceedings to repay the debt officially starts. This document is very important as it not only starts the repayment proceedings, but also prevents any creditor to file a lawsuit against the person filing for bankruptcy. Continue reading

Bankruptcy and Student Loans – Ways to Get Rid of Student Loans

Before taking out a student loan, it is important to know that no matter what, you do have to pay it back. There are some exceptions under chapter 7 bankruptcy and student loan can be discharged then but it is extremely rare. Under chapter 13 bankruptcy, student loans can be repaid by working out a repayment plan. But the best way, is to talk with your lender and come up with a solution beneficial to both the parties. Continue reading

Creditors in Bankruptcy – Rights and Privileges

Creditors in bankruptcy do have certain rights which they should exercise. In order to receive your money, it is important to file your proof of claim as soon as you receive the notice from the court declaring the bankruptcy of your debtor. Continue reading

How To File For Chapter 12 Bankruptcy

Chapter 12 bankruptcy law is especially made considering the condition of the farmers and fishermen and gives them a chance to pay back their loans and the government has included many provisions to make filing for chapter 12 bankruptcy as convenient for the farmers and fishermen as possible. Continue reading