If you think you've mastered the material in this chapter, take our quiz. After you click the ''submit'' button, the answers will appear below.With a Chapter 7 bankruptcy:The filing will stay on your credit report for seven years.Before you file, you must pass a "means test" to qualify.You get to reschedule and extend secured debts over the life of your repayment plan.True or false: Even after bankruptcy you can get credit cards easily.TrueFalseWhich of the following is not a good tip for rebuilding credit after a bankruptcy?Get a credit card.Pay in cash.Buy a car. advertisementRelated Links:Bankruptcy hinders refiClimb mountain of debtKeep card, lose high rateRelated Articles:Credit damage may lingerKeep home, if upside-downDebtors not all deadbeats
If you think you've mastered the material in this chapter, take our quiz. After you click the ''submit'' button, the answers will appear below.
With a Chapter 7 bankruptcy:
True or false: Even after bankruptcy you can get credit cards easily.
Which of the following is not a good tip for rebuilding credit after a bankruptcy?