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Blog Posts in February, 2020

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  • How Bankruptcy Impacts A Person's Ability To Borrow
    How Bankruptcy Impacts A Person's Ability To Borrow

    There were more than 700,000 personal bankruptcies filed in 2017 according to a study done by LendingTree. Medical and credit card debt were among the most common reasons why Louisiana residents filed ...

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  • How Bankruptcies Are Reported To Credit Agencies
    How Bankruptcies Are Reported To Credit Agencies

    If a person files for Chapter 13 bankruptcy, it will generally stay on his or her credit report for seven years. If a person files for Chapter 7 bankruptcy, it will generally stay on his or her credit ...

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  • Tips For Recovering From Bankruptcy
    Tips For Recovering From Bankruptcy

    A Lending Tree study found that most people who file for bankruptcy recover with a credit score of at least 640 within a few years. Some people in Louisiana may be among the 40 percent whose credit ...

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  • Do I Have Enough Debt To File For Bankruptcy?
    Do I Have Enough Debt To File For Bankruptcy?

    The bills are piling up. Maybe it happened gradually--a missed credit card payment here, a missed car payment there--or maybe it was sudden: severe illness, loss of employment or another catastrophic ...

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