Real estate blog entries tagged with chapter 13 by Linda Ferrari (Credit Resource Corp.)

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Home : Blogs : Linda Ferrari : Linda Ferrari's Blog : Tag "chapter 13"

chapter 13: How Does Bankruptcy Affect Credit? - 05/16/09 02:15 PM

A bankruptcy is reported on your credit report as a public record, and there is no doubt that your scores will drop anywhere from 100-300 points when it first hits, depending on how many points you still have to lose in your payment history factor. Keep in mind, by the time you have filed bankruptcy your scores have already taken a serious hit from the delinquent accounts. That's the bad news. The good news is that you can start rebuilding immediately.
How Long Will A Bankruptcy Remain On Your Credit Report?
Section 605 of the Fair Credit reporting Act states that … (26 comments)

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Linda Ferrari

Newport Beach, CA

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Credit Resource Corp.

Address: 1048 Irvine Avenue, #636, Newport Beach, CA, 92660

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