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October 2014 Archives

Rebuilding a credit score after a fresh start from bankruptcy

When some people decide to file for bankruptcy, they worry about how that choice will affect their credit score. While it is true that all bankruptcies will affect your credit score, it is important to know that even though it will be difficult to rebuild your credit score, it is possible. Our Pennsylvania readers might feel more comfortable filing for bankruptcy when it is necessary if they know about rebuilding their credit score.

Chapter 7 bankruptcy: Debts that aren't dischargeable

Chapter 7 bankruptcy is one of the ways that some people who are drowning in debt have to take control over their debt. This type of bankruptcy is also known as liquidation bankruptcy because many debts are discharged after a person's assets are liquidated and divvied among the creditors. Our Pennsylvania readers might be interested in learning that there are some debts that aren't discharged as part of a Chapter 7 bankruptcy.

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