Financial difficulties can be extremely stressful, and the thought of filing for bankruptcy may seem just as overwhelming. Unfortunately, this causes many to put off filing, meaning that things may only get worse. If you need more reasons to stop thinking about filing...
We talked earlier this year about the Biden administration’s plan to remove medical debt from Americans’ credit reports. As we noted, the Consumer Financial Protection Board (CFPB) has been working on a new rule that would implement that change. Currently, the CFPB...
One of the reasons people delay filing for bankruptcy is the impact it has on credit. People generally lose their revolving lines of credit and see their credit scores drop by three points when they initially file. However, those drastic consequences are only...
