1. Bankruptcy
    February 19, 2014 @ 6:43 pm

    Filing for bankruptcy is no doubt a great way to eliminate all your debt and start a new financial future. But one must remember that bankruptcy filing is the first step towards financial recovery and thus must be careful enough to manage their finances and credit better after being discharged from bankruptcy. Though bankruptcy can stay on borrower’s credit report for 10 years, thankfully there are ways to repair the bad credit to improve the score combined with financial condition.


    • LTruex
      February 20, 2014 @ 11:46 am

      Thank you for your input. Bankruptcy does offer a blank slate, except for the mark on your record (in the U.S. I believe it’s 7 years). Thanks again.


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