Question

What is the first essential thing you should do when your bankruptcy has been finalized?(1 point) Responses do nothing until the bankruptcy has been removed from your credit reports do nothing until the bankruptcy has been removed from your credit reports plan to start rebuilding your credit  plan to start rebuilding your credit  go back to living the way you were before go back to living the way you were before hire a good lawyer
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Under which process might you not have to pay off all your debts in full?(1 point) Responses Chapter 7 bankruptcy Chapter 7 bankruptcy both Chapter 7 and Chapter 13 bankruptcy both Chapter 7 and Chapter 13 bankruptcy neither Chapter 7 nor Chapter 13 bankruptcy neither Chapter 7 nor Chapter 13 bankruptcy Chapter 13 bankruptcy
Answer
Which process leaves you with no debt when it is over?(1 point) Responses neither Chapter 7 nor Chapter 13 bankruptcy neither Chapter 7 nor Chapter 13 bankruptcy Chapter 7 bankruptcy Chapter 7 bankruptcy both Chapter 7 and Chapter 13 bankruptcy both Chapter 7 and Chapter 13 bankruptcy Chapter 13 bankruptcy
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Which of the following will increase your credit score?(1 point) Responses You have many missed or late payments on your credit cards or loans. You have many missed or late payments on your credit cards or loans. You recently applied for several credit cards. You recently applied for several credit cards. You have a major credit card, a store credit card, and a gasoline credit card, as well as a student loan and an auto loan. You have a major credit card, a store credit card, and a gasoline credit card, as well as a student loan and an auto loan. Your credit record goes back years, but all your current loans and
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Which of the following will likely lower your credit score?(1 point) Responses You are three months away from paying off your 5-year loan. You are three months away from paying off your 5-year loan. All your low balances on your credit cards. All your low balances on your credit cards. All of your accounts date back five years or more. All of your accounts date back five years or more. You recently declared bankruptcy.
Answered by GPT 3.5
plan to start rebuilding your credit
Answered by GPT 3.5
Chapter 13 bankruptcy
Answered by GPT 3.5
Chapter 7 bankruptcy
Answered by GPT 3.5
You have a major credit card, a store credit card, and a gasoline credit card, as well as a student loan and an auto loan.