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How Does Bankruptcy Discharge Affect Your Credit?

While debt trouble is the prime motivation for declaring bankruptcy, debt relief is not the same thing as obtaining a clean slate for your credit rating. The fresh start afforded by bankruptcy unfortunately can come with the stigma of having once been a poor lending risk. Record of a bankruptcy will stay on your credit Read More

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Will Debts Be Removed from Your Credit Report After Bankruptcy?

A recent decision by Bank of America and JP Morgan will provide some additional relief to people who have filed for bankruptcy across the United States. The two companies finally reached an agreement to update the credit reports of borrowers within the next several months to show they have settled their debts. This is a Read More

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