Bankruptcy is a bummer. No one has ever said “OH MAN! I’m so excited to file bankruptcy! It’s going to make everything so awesome!” That being said, sometimes it needs to be done. If you have explored all of the alternatives and have decided to file bankruptcy, it’s important that you know what your options are and how they will impact your existing mortgage, or your future ability to obtain home loan financing.
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There are lots of information about credit pulls and your credit. Some of it is just myths, some are facts. Read on to see common myths about credit pulls and myths about your credit!
We’ve all heard about people who have filed for a bankruptcy, or even gone through the process ourselves. Whether it is student debt, stress from mortgage payments, or credit card debt – bankruptcy has been often viewed as a way out of a desperate situation. But for those of you who are currently considering this option or if you just want to know more about this topic, here are 20 things you might not have known about bankruptcies.