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How Long After Bankruptcy Can I Get a Credit Card?

Technically, bankruptcy debtors could get credit cards the day after they emerge from bankruptcy. There is no waiting period. Realistically, filing for bankruptcy lowers your credit score. Anyone…

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Five of the Most Common Myths About Bankruptcy

For many years, banks have promoted a number of bankruptcy myths, especially the five listed below. These myths were strong enough to convince lawmakers to pass a sweeping…

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Can I File for Bankruptcy More Than Once?

The financial storms of life trigger most personal bankruptcy filings, and in most cases, these storms hit more than once. Medical bills are a good example. Excessive medical…

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Does Bankruptcy Take Care of Past-Due Utility Bills?

Yes and no. Past-due utility bills are unsecured debts. So, they are dischargeable in bankruptcy. “Discharge” basically means the judge eliminates the legal obligation to repay the debt.…

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Can I File for Bankruptcy if I am in the Military?

If they meet basic income and debt-related qualifications, anyone can file for bankruptcy at any time. Additionally, since these actions are voluntary petitions, most debtors can pull the…

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The Basics of Chapter 13 Bankruptcy

Bankruptcy can work as a financial do-over, but what it is not is a handout, charity, or a sign of failure. We all face difficulties, and some of…

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