How long before I can buy a house? It is possible, with great habits right out of bankruptcy, to qualify for a decent rate home loan is in as little as 2 to 4 years. How is that possible? Your credit score is a living breathing thing. When you file for bankruptcy protection your credit score goes way down. However, you can literally start improving your score the next day by using strategies to re-build your … [Read more...]
Archives for September 2010
Bankruptcy Myths
Bankruptcy Myths In the wide-wide world of bankruptcy - myths abound. Here are some of the most popular myths and the truth behind them. 1. I can get fired or not hired because of going bankrupt. According to U.S. Bankruptcy Code you are not to be discriminated for employment “solely” based on whether or not you have filed for bankruptcy protection. This means the employer must have more than just this reason for … [Read more...]