In I had 2005 filed for bankruptcy and later had it "dismissed". My question is how long will my "dismissed" bankruptcy stay on my reports? And what harm comes of a "dismissed" case seeing how the bankruptcy was canceled?
How long will the dismissed bankruptcy stay on your credit report depends on the chapter of the bankruptcy. For Chapter 7 the discharged or dismissed bankruptcy stays on your credit report for 10 Years. However, for Chapter 13 it stays for 7 Years after discharge or dismiss on your credit report.
You can't remove the bankruptcy from your credit report though it has been dismissed. Any company claiming that they can remove your bankruptcy from your report is a scam. So beware.
Aaron _________________ Keep in touch
Sat Aug 31, 2013 1:15 pm
I would start off by contacting the horelds of your cards and asking them if they will reduce your interest rates. They might, but not voluntarily. They surely won't, if you don't ask!Secondly, I would divide that $1,000 between both cards to pay down the balances. If you could take out a secured loan, you'd have that interest on top of your credit card interest compounding the issue. If you default, you lose your security and are still responsible for the balance.With a Bankruptcy only 3-4 years old, I doubt you could find affordable financing, if any, for the vehicle. Of course, you'd be paying full coverage Insurance on the vehicle, until the Lien Holder (finance company) is paid off.Pay down your debt!
crorkz matz Guest
Tue Aug 05, 2014 4:58 pm
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Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.