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10 Reasons You May Be Denied a Chapter 7 Bankruptcy
Chapter 7 Bankruptcy comes with strict qualification requirements and a rigorous and detailed process to file. Here are 10 reasons why you could be denied.
Changes to the Bankruptcy Laws Under the CARES Act
The US Bankruptcy code was modified as part of the passage of the CARES Act, providing enhanced benefits to those who file bankruptcy prior to March 27, 2021.
How Credit Counseling Negatively Impacts Your Credit Score
Credit Counseling is not directly factored in the calculation of your credit score, but the effects enrolling in a debt management plan will negatively impact your credit score.
Debt Settlement vs. Bankruptcy – How Debt Settlement Helps You Recover Your Credit Score Sooner
Debt Settlement allows consumers to restore their credit much sooner as compared to those choosing bankruptcy because bankruptcy stays on your credit report for up to 10 years.
Debt Settlement vs. Credit Counseling | Why You Pay Less to Reduce your Debt, and Get Out of Debt Quicker by Settling Your Debt
Debt Settlement allows consumer to be debt free years sooner than credit counseling programs and pay less than the full amount owed.