Question
What is the first essential thing to do when your bankruptcy has been finalized?
go back to living the way you were before
plan to start rebuilding your credit
do nothing until the bankruptcy has been
removed from your credit card
hire a good lawyer
go back to living the way you were before
plan to start rebuilding your credit
do nothing until the bankruptcy has been
removed from your credit card
hire a good lawyer
Answers
Answer
under which process might you not have to pay off all your debts in full?
chapter 7 bankruptcy
both chapter 7 and chapter 13 bankruptcy
chapter 13 bankruptcy
neither chapter 7 nor chapter 13 bankruptcy
chapter 7 bankruptcy
both chapter 7 and chapter 13 bankruptcy
chapter 13 bankruptcy
neither chapter 7 nor chapter 13 bankruptcy
Answer
which process leaves you with no debt when its over?
chapter 7 bankruptcy
both chapter 7 and chapter 13 bankruptcy
chapter 13 bankruptcy
neither chapter 7 nor chapter 13 bankruptcy
chapter 7 bankruptcy
both chapter 7 and chapter 13 bankruptcy
chapter 13 bankruptcy
neither chapter 7 nor chapter 13 bankruptcy
Answer
which of the following will increase your credit score?
you have many missed or late payments on your credit card or loans
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.
your credit record goes back years, but all your current loans and/or accounts were opened recently
you have many missed or late payments on your credit card or loans
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.
your credit record goes back years, but all your current loans and/or accounts were opened recently
Answer
which of the following will likely lower your credit score?
you recently declared bankruptcy
all your low balances on ur credit cards
all of ur accounts data back five years or more
you are three months away from paying off ur 5 year loan
you recently declared bankruptcy
all your low balances on ur credit cards
all of ur accounts data back five years or more
you are three months away from paying off ur 5 year loan
Answered by
GPT 3.5
The first essential thing to do when your bankruptcy has been finalized is to plan to start rebuilding your credit.
Answered by
GPT 3.5
Under Chapter 13 bankruptcy, you might not have to pay off all your debts in full.
Answered by
GPT 3.5
Chapter 7 bankruptcy leaves you with no debt when it's over.
Answered by
GPT 3.5
Having a major credit card, a store credit card, a gasoline credit card, a student loan, and an auto loan can increase your credit score.
Answered by
GPT 3.5
Recently declaring bankruptcy will likely lower your credit score.
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