Attn: Anyone who has filed for chapter 7 bankruptcy?

3 comments

1. 

   Ed Atun on September 3, 2011 at 7:04 am

   You actually have an easy time afterwards. No one calling and asking for money. Almost no debts. You will start to get credit card offers within 3 months. Mortgage offers in 2 weeks. The main problem is that 41% of BK filers are back in money trouble in 1 year. They never addressed the root cause of their difficulty handling money. They need to understand that in order to succeed..

2. 

   seditious citizen on September 3, 2011 at 7:04 am

   My husband died unexpectedly and I had to file bankruptcy. I would imagine it depends alot on where you live and if you have an income. You might want to find a place to live before you file though. It’s not just bankruptcy they have issue with it is your credit rating. I owned my home so I didn’t have that problem but it took me awhile to build my credit back up. If you have a credit card that you can keep up on the payments you might want to keep it. I had to start over with a 300 dollar credit card. I have 3 now but none of them are over 1000 dollars. which is ok with me.
   good luck to you

3. 

   Doctor Deth on September 3, 2011 at 7:04 am

   I doubt that they checked my credit when I moved and I never mentioned that fact, even though one lease said I needed to notify them – if you move shortly after the BK, I doubt your credit history would get updated that quick