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
GPT 3.5
The first essential thing to do when your bankruptcy has been finalized is to plan to start rebuilding your credit.
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
GPT 3.5
Under Chapter 13 bankruptcy, you might not have to pay off all your debts in full.
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
GPT 3.5
Chapter 7 bankruptcy leaves you with no debt when it's over.
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
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.
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
GPT 3.5
Recently declaring bankruptcy will likely lower your credit score.