Two Ways Your Credit Score Tricks You

Before Bankruptcy, There Are Two Ways Your Credit Score Tricks You Are you worried about what bankruptcy will do to your credit score? Your credit score is the tool the banks and credit card companies use to trick you into paying them, even when you can’t afford it....

Chapter 7 Income Eligibility Changes

Chapter 7 income eligibility got slightly easier on April 1, 2025 If you are making less than the median income, you have income eligibility to file Chapter 7 bankruptcy. Those eligibility numbers adjusted up, April 1, 2025.  For Virginia, eligibility is automatic for...

Why is Bankruptcy Better for Your Credit Score

Why is Bankruptcy Better for Your Credit Score than “Debt Consolidation” “Now I can’t even rent an apartment.” Sam, not his real name, talked to us last month about filing for bankruptcy. He’d been trying to “resolve” his debts through one of the newer debt settlement...

Why is Bankruptcy Better for Your Credit Score

Why is Bankruptcy Better for Your Credit Score than “Debt Consolidation” “Now I can’t even rent an apartment.” Sam, not his real name, talked to us last month about filing for bankruptcy. He’d been trying to “resolve” his debts through one of the newer debt settlement...