Reaffirmation Agreement in Bankruptcy A reaffirmation agreement might be proposed by a creditor after you file for bankruptcy. At your meeting of creditors your case trustee might tell you that a reaffirmation agreement is never required and you should confer with your bankruptcy attorney to decide if it is best for you. What is a…
Can credit repair save me from bankruptcy? We have been conditioned to take responsibility for what we have done. Have you ever heard the old adage, “You made your bed now sleep in it?” How about the Puritan work ethic of hard work and thrift being the path to success? Or lessons from your childhood…
Your credit score is dropping. Late pays, reduced credit limits. High interest rates. Sometimes even the minimum payments are too high for you to make. You are thinking about filing for chapter 7 bankruptcy. You suspect a bankruptcy is not good for your credit either. You are right, but only to a point. There is…