After Bankruptcy

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Saturday, January 05, 2008

Declaring Bankruptcy

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At 7:56 AM, Anonymous said…

The most-asked question: 'How should debts included in bankrutpcy be showing on my credit reports ?'
The answer:
All debts that were included in your bankruptcy should be reporting with a ZERO balance, show ZERO due, show nothing past due after the date of your bankruptcy filing, and should be noted as "included in bankruptcy' or similar verbage.
At 11:24 PM, Anonymous said…

Don't worry about the "deficiency" judgment as that can be discharged. BUT you will have the "repo" on your credit reports.
#BREAK
The rule about credit cards is you cannot charge more than $500.00 on any ONE card 90 days before filing bk.
At 7:23 AM, Anonymous said…

The most-asked question: 'How should debts included in bankrutpcy be showing on my credit reports ?'
The answer:
All debts that were included in your bankruptcy should be reporting with a ZERO balance, show ZERO due, show nothing past due after the date of your bankruptcy filing, and should be noted as "included in bankruptcy' or similar verbage.