All Questions
Tagged with bankruptcy credit-score
6
questions
1
vote
2
answers
603
views
Is there a way to simulate credit score for settlement vs bankruptcy?
I'm considering either settlement or filing a Chapter 7 Bankruptcy for about $110k in credit card debt.
However, it seems like both options will stay on your record for 10 years and also decimate ...
- 360
1
vote
1
answer
213
views
How much can owning part of a liquidated company affects my credit score?
As part of my employee compensation when I started working for a small startup, I got 5% of the shares. The company didn't make it and the founder wrote me to tell me that he's going to liquidate it, ...
- 11
9
votes
1
answer
391
views
Does being on the board of a bankruptcy-declaring company affect my credit rating?
If I am on the managing board of a company which declares bankruptcy, will it affect my personal credit rating?
I am particularly interested in Western Australia.
8
votes
2
answers
2k
views
What happens to my credit card or line of credit if my bank goes bust?
What happens to my credit card or credit line if the bank goes bust?
I'm not concerned about the BALANCE on them, I'm concerned about losing an older credit line and its effect on my credit history ...
- 20.2k
3
votes
1
answer
617
views
Does reopening a Chapter 7 bankruptcy to reaffirm a mortgage change the date of discharge for reporting to credit bureaus?
I am considering reopening my Bankruptcy Chapter 7 that was discharged last year for the purpose of reaffirming my mortgage for the purpose of boosting my FICO score by adding a mortgage to my mix of ...
- 1,823
16
votes
3
answers
721
views
Aside from having to re-establish credit & credit history, what are downsides to declaring personal bankruptcy?
If someone were to file for (personal) bankruptcy protection from their creditors, is their entire debt wiped clean? And then they have seven years to wait before their credit history no longer ...
- 261