Bankruptcy Archives - I Am Credit Fit

What Are The Different Types of Bankruptcy?

by admin

One comment

You may be asking your self what are the different types of bankruptcy out there? Considering bankruptcy as a solution to your debt problems? Before you take that step, be sure that you are aware of all the facts surrounding bankruptcy. 2 Main Types of Bankruptcy First, it is important to understand that there are actually two types of bankruptcy. These are known as Chapter 7 and Chapter 13. Below is a basic rundown of the differences between the two. Chapter 7 bankruptcy refers to Continue reading →

What is Chapter 13 Bankruptcy?

by admin

No comments

What is Chapter 13 Bankruptcy? You may be asking yourself “What is chapter 13 bankruptcy? What are my options with chapter 13 bankruptcy?” When considering bankruptcy as a solution for your debt problems there are several factors of which you should be aware before taking this important step. While some people do decide that bankruptcy is still in their best interest, taking the time to understand all of the facts up front can help you to make the most informed decision possible. Since Chapter 7 Continue reading →

Chapter 7 Bankruptcy Checklist – What you Need to Know

by admin

2 comments

By having a chapter 7 bankruptcy checklist you’ll be able to make sure you’re prepared! Although it is becoming more difficult to file Chapter 7 Bankruptcy, it is still worth consideration in the event that you are possibly able to receive approval to file this type of bankruptcy. * Chapter 7 bankruptcy checklist below. * Many people operate under the false assumption that Chapter 7 is a better way to file bankruptcy than Chapter 13 because the court effectively wipes out their debts and they Continue reading →

How To Pay Off Debt With No Money
Achieving Financial Freedom is not an easy task. Credit card debt is one of the most common types of debt and often times the hardest type of debt to pay off. While you may only owe a couple of thousand of dollars on your credit cards, if you are only paying the minimum amount due you could actually end up taking several years to pay off the credit cards and in total pay more than double the amount you actually owe. To avoid this problem, Continue reading →
How To Manage Your Debt
Manage Your Debt How can you manage debt? Many people feel as though debt is truly a nasty four-letter word and for some people it is—when it has gotten out of control and reached epic proportions. Debt in and of itself is not necessarily a bad thing; however. In fact, it can actually be a good thing. Like everything; however, it must be used in moderation. When used correctly, debt allows you to develop a good credit history which in turn helps you to make Continue reading →
How to Stop Harassing Bill Collectors
Stop the Harassing Bill Collectors in Their Path Are you receiving calls from harassing bill collectors? Under the Fair Debt Collection Practices Act, also known as the FDCPA, debt collectors are prohibited from engaging in abusive behavior. While you may think they can get away with a lot, it’s good to know that you do have certain rights and can take specific steps to keep debt collectors from engaging in abusive behavior. First, it is important to realize that the Act does not actually cover Continue reading →
Protecting Yourself From Identity Theft
Protecting Yourself From Identity Theft Protecting yourself from identity theft is not something we thing about every day, until we are affected by identity theft. We all know that identity theft is on the rise; however, you may not realize just how prevalent it actually is. According to statistics every 79 seconds someone becomes the victim of identity theft. In many instances identity theft isn’t petty business, either. When someone steals your identity it can mean having thousands of dollars in debt racked up in Continue reading →
Understanding A Debt Consolidation Loan
The facts for a debt consolidation loan Unfortunately, many people wait far later than they should to consolidate their debt and manage it. One of the main reasons for this is that some people perceive debt consolidation to be negative when in reality it actually provides a number of advantages. Like any other important financial decision; however, you should fully understand the advantages and disadvantages of consolidating your debt. First, understand that the process of consolidating your debt involves obtaining one loan to pay off Continue reading →

I Am Credit Fit

What Are The Different Types of Bankruptcy?

What is Chapter 13 Bankruptcy?

Chapter 7 Bankruptcy Checklist – What you Need to Know

Post Categories

Recent Posts