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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Debt Adviser

Can you ignore a debt collector?

Dear Debt Adviser, Recently, a collector called me about an unpaid debt from 2002. She threatened to garnish my husband's wages by 25% and "1099" us when we file our taxes. She said we could settle by paying $1,500 immediately.... Read more

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