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Credit Score
Chapter 13 bankruptcy attorneys in Colorado Springs know that when you’re trying to keep your head above water, your credit score can get put on the back burner. A late bill here, an unexpected expense there – it all begins to snowball. Some of things may be beyond your control. However, there are likely other actions...
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Few people can say they’ve never had an issue with their credit report, even if it was not their fault; but bankruptcy brings a whole new set of issues to your standing with the credit bureaus. Whether you filed a few weeks ago or a few years ago, it will be challenging to recover a...
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Closeup of credit cards One of the top reasons people avoid bankruptcy like the plague is that they fear the impact on their credit score. Colorado Springs Chapter 7 bankruptcy lawyers won’t sugarcoat it and say there will be no affect whatsoever. However it’s worth noting that when you file for bankruptcy, the scoring algorithms...
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Whether you’re struggling to make mortgage payments or seriously behind, foreclosure is a scary proposition. Not only would this be devastating to your lifestyle, but you may be concerned about its impact on your credit. But isn’t every major financial problem going to damage your credit? When it comes to your FICO score, is it...
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