Credit

Credit card debt is a major problem in the U.S. It seems like everywhere you turn, you’re hit with a new offer from a creditor. Open this line of credit and get a low interest rate for six months, then bam — suddenly you’ve collected more credit cards than you can keep up with. While credit is important — both building and maintaining it — it may not tell your whole financial picture. If you’ve recently lost your job or expect to undergo surgery in the coming months, your credit may take a hit when you’re not able to pay your bills on time. You may have trouble then getting a mortgage or other new lines of credit. Collectors may be after you. The good news is, both credit card debt and medical debts can be discharged in bankruptcy, and collectors stop calling. Learn more from National Bankruptcy Forum about credit and how it is affected by bankruptcy — both the good and bad.

The 5 Best Credit Cards for Rebuilding Your Credit

Last updated on October 6, 2021

Personal Finance

5 Personal Finance Moves to Make Before You’re 30

Last updated on October 22, 2021

Personal Finance

Planning for Retirement: What Women Should Consider

Last updated on October 22, 2021

Debt Collectors in the US You Need to Know

Last updated on October 22, 2021

Chapter 7 Bankruptcy

What Does Bankruptcy do to Credit Scores?

Last updated on October 22, 2021

Make Paying Credit Card Debt a Low Priority in Rough Financial Times

Last updated on October 22, 2021

Chapter 7 Bankruptcy

How to Pay Off High Interest Credit Card Debt

Last updated on October 22, 2021

Chapter 7 Bankruptcy

All’s Not Forgiven When Debts Are “Forgiven”

Last updated on October 22, 2021

Credit Card Lawsuit Defenses: What to Do When You’ve Been Sued

Last updated on October 22, 2021

Why is My Credit Card Company Suing Me?

Last updated on October 22, 2021

Chapter 7 Bankruptcy

How Can I Repair My Credit?

Last updated on October 22, 2021

Will a Chapter 13 Plan Look Better on My Credit Report Than Chapter 7?

Last updated on October 22, 2021

©2023 National Bankruptcy Forum. All rights reserved.