Blog Category: Credit

Once you have decided that bankruptcy is the only option to help you become financially stable again, the first step you want to take is to seek out a Houston bankruptcy attorney. Then you need to proceed with an open mind realizing that the bankruptcy is not something to be ashamed of or embarrassed over, but  … Read more

One of the problems with bankruptcy is there is still a stigma attached to it. It is often perceived that if a person goes bankrupt that they either didn’t want to pay their bills, or they aren’t trustworthy with money. This is more thought of with personal bankruptcy compared to business bankruptcy. However, no matter  … Read more

Once you have completed your bankruptcy you are going to have the task or building your credit score. This is going to take time and may be a little challenging at first. No matter whether you have as yet filed for bankruptcy or not, you should know the details of your credit rating. Don’t just  … Read more

After your bankruptcy has been completed, you can get some good tips from your Houston bankruptcy lawyer on how to re-establish your credit for the future. Your first thought is you never want to go into debt again and this is a wise way of thinking. However, there may be times that arise that you will need  … Read more

One of the main reasons individuals decide to go bankrupt is because they feel it is going to give them a fresh start and allow them to get back on their feet financially. It is stressful having surmounting debt, and it can be stressful going through a bankruptcy. Many people find that by using an  … Read more

A lot of people assume that individuals go bankrupt because they have spent frivolously and miss managed their money. This is usually not the case. Circumstances may have changed in the person’s life that led them to become financially unstable. It could have been that their money was well managed and they were doing fine,  … Read more

If at the moment you are being swallowed up by debt with no light at the end of the tunnel, the last thing you are probably thinking about is your future credit. If you are going for a bankruptcy solution then you may want to ask your bankruptcy attorney as to how this will affect  … Read more

When a person files for bankruptcy and the court discharges all debts, all future credit reports should reflect that change. Any debts that existed should be erased from the credit report so the former debtor essentially gets a blank slate. The only record of the debts that should be reflected in a credit report is  … Read more

Even though we all know it isn’t true, it’s easy to view credit as “free money.” Because you don’t see the money for the transaction immediately come out of your bank account, it’s easy to just pass the plastic over the counter and not think about it. That is, until the interest rate hits your  … Read more

When a person takes out a loan or attempts to establish a line of credit, he or she needs to have a good credit score. Your credit score, which is determined by factors like payment history, amount owed, and the length of your credit history, is one of the determining factors in how lenders will  … Read more