2007-01-17 12:27:53 · 4 answers · asked by Kathleen G 1 in Business & Finance ➔ Credit
Here is a link to a site that has a debt management software program, free. You input your income debts and living expenses and it returns to you an depth strategies plan of repayments. This is a start to sound debt management.
2007-01-17 13:55:38 · answer #1 · answered by Anonymous · 0⤊ 0⤋
There are 2 types of personal bankruptcy: chapter 13 and chapter 7.
You can only file every 7 years, and yes, they do stay on your credit for 10 years.
You can file a chapter 13, which is a debt payment plan, and then switch it to a chapter 7 if the court allows.
Bankruptcy should be the last step anyone ever takes. Only consider it if you are at risk of losing your house. All other debts can be handled outside of BK.
With new laws, it is harder to file Bankruptcy, so try to find other ways to avoid it.
2007-01-17 20:48:33 · answer #2 · answered by Robert S 3 · 0⤊ 0⤋
You can file once every 7 years, (even though they stay on your record for 10).
2007-01-17 20:31:57 · answer #3 · answered by love_2b_curious 6 · 0⤊ 0⤋
I believe that's once every 7 years but check with your State Attorney General's office.
2007-01-17 20:31:14 · answer #4 · answered by Anonymous · 0⤊ 0⤋