debt

A bankruptcy timeline

Debt Management 2006

Bad credit

 When your credit rating is in a deep hole it's tough to get a good foothold.
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What happens before, during and after bankruptcy
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2yearsPurchase home
 
A home can be purchased 18 to 24 months after a personal bankruptcy discharge, depending on a positive credit history.
Interest rates may be an estimated 2 points to 3 points higher than conventional rates.
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Can consolidation hurt my credit?

Dear Debt Adviser, I have about $50,000 of debt on credit cards. My credit rating is still high. I am considering a debt consolidation loan. Will that adversely affect my credit rating? -- DT Dear DT, The cliche about... Read more

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