Real estate blog entries tagged with bankruptcy by Eleanor Thorne 919-649-5057 Cary Mortgage Loans (Steve Thorne NC Mortgage Experts)

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Home : Blogs : Eleanor Thorne 919-649-5057 Cary Mortgage Loans : Eleanor's RTP Blog : Tag "bankruptcy"

bankruptcy: Don't Let Bad Credit Stop You From Looking For a Home - 05/17/10 01:21 PM

If you are one of the millions of people who lost a job in the last couple of years - you might have some "bad" marks on your credit report. Just because you had a few late payments, or lived off of your credit cards, or went bankrupt... or had a short sale...
There are things you CAN do to increase your credit score!

We get reports that tell us how much we can improve your score, and what to do to get there!
For most of our customers, it takes 90 to 180 days to get the score up high … (3 comments)

bankruptcy: Broke? You're in good company! - 07/08/09 02:28 PM

With MJ's parting this week - it reminded me of a book on my shelf...
THEY WENT BROKE?! by Roland Gary Jones
MC Hammer, born Stanley Kirk Burrell, sold some 18 million copies of his album, Please Hammer Don't Hurt 'Em. Even though he won Grammy's and earned over $50 million in the 1990's - he filed Bankruptcy. "It's time to stop the bleeding and get on with my life," he told one reporter when he filed.

John Wayne, Sam Walton and Donald Trump all sufferd financial hardships too! John Wayne at one time invested millions into get rich schemes from, "Hair … (5 comments)

bankruptcy: Credit Boo-Boo's - 02/16/09 09:30 AM

This is a repost from last year....
Does your credit look like a train wreck? I've talked to several clients recently who hit a rough spot - and are working their way out. They had some questions I thought other people might need answered too!
How long does negative information stay on a credit report?
The Fair Credit Reporting Act says that negative information can stay on your report for a minimum of seven years (I always thought that said MAXIMUM - but I was wrong). There are some exceptions to this:
* Delinquency information like late payments remain for seven years … (3 comments)

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