Category Archives for "Credit & Credit Scores"

Oct 10

Should I Get a Credit Card After My Bankruptcy?

Blog , Chapter 11 Bankruptcy , Chapter 12 Bankruptcy , Chapter 13 Bankruptcy , Chapter 7 Bankruptcy , Credit & Credit Scores , General Bankruptcy

Yes, probably. Credit reporting agencies, like TransUnion, advise us that it is good to have a credit card, even a secured card, even if you do not use it. Doing so will increase your credit score. Having a credit card is also important if you are traveling or are anywhere without case. Do not get […]

Read More
Sep 21

Money Issues We Don’t Talk About; But Really Should

Blog , Credit & Credit Scores , Creditors & Credit Cards , Declaring Bankruptcy , Financial Problems , General Bankruptcy

We don’t talk about things that make us feel uncomfortable, and many people are very uncomfortable talking about their financial problems.  Often, people with such problems will hide all evidence of financial distress. Some people do this with a misguided sense of protecting their loved ones.  If I don’t tell my spouse about the problems […]

Read More
Aug 30

Can I Take Out Debt Before Filing Bankruptcy?

Blog , Business Debt , Credit & Credit Scores , Creditors & Credit Cards , Declaring Bankruptcy , General Bankruptcy , Student Loans

I attend a lot of seminars and educational programs dealing with bankruptcy and related issues.  Usually the information is valuable to my practice and to my clients, but I recently attended a seminar where an attorney stated to the audience that we should never advise our clients to incur debts while we are planning on […]

Read More