So you’ve filed Chapter 7 bankruptcy and received your discharge. After bankruptcy, individuals logically begin to consider how they can start to build back their credit which typically involves obtaining a new credit card. While some may want to steer clear of credit cards, especially those who filed bankruptcy in order to wipe out credit  … Read more

Wondering which credit card to sign up for?  The answer depends on your particular needs, credit score, spending habits, card features and other factors. If you understand your options and ask the right questions, you can easily come to a decision. What’s your credit score? Your eligibility for various credit card offers depends on your  … Read more

Perhaps one of the top five myths about bankruptcy is the notion that bankruptcy will ruin your credit score. While it is true that a bankruptcy filing is reported to and will show up on your actual credit repair the idea that the bankruptcy filing itself damages your credit is false. Here is why: 1.  … Read more

You may be thinking: “I am legally able to get a free credit score once a year, right?” Well right, however, this report that you can get from the three credit rating agencies TransUnion, Experian, and Equifax, doesn’t’ actually show you the FICO score. It’s simply a report of every account that is listed on  … Read more

Individuals that are in a tough financial situation have a really difficult time looking towards the future and what it would be like if they were financially free once again. It is understandable how those in financial difficulties can feel this way because of the insurmountable stress that is being placed on them by their  … Read more

If you’re in the process of making a large purchase – like a new memory foam mattress, a laptop computer, or a flat screen TV – the retailer may offer financing options. If you’re financing a big purchase, it’s critical to know the difference between deferred interest and waived interest. While financing options generally offer  … Read more

When making the decision to file bankruptcy, you need to be sure that it is the best option for your financial circumstances. Working closely with a qualified bankruptcy attorney helps ensure you get the results you deserve by lowering or eliminating your debt. In addition, having a Dallas bankruptcy attorney involved in your case helps  … Read more

Credit card debt is among the most common sources of debt among Americans today. While many manage to keep their credit use in check, many others have multiple cards and outrageous balances. In order to ensure your credit cards are reflecting a healthy financial profile, ask yourself these questions: Do I rely on credit cards  … Read more

Earlier this month it was announced that the FICO credit scoring system would be rolling out some changes. These new changes were expected to bring some good news to many consumers, so what’s the result so far? Mad About Medical Debt Under the old FICO scoring system, medical debt balances weighed heavier than expected in  … Read more

An important question in regards to bankruptcy is whether or not it will appear on future credit reports and what is allowed to be left off the reports entirely. While a bankruptcy lawyer can answer any questions in regards to particular situations and help guide you through issues that may arise, here is a general  … Read more