Credit and Bankruptcy

If you're applying for a job in finance, accounting or a position that requires the handling of cash, expensive merchandise or a security clearance, you may be subjected to a credit check. If you're...

According to an article in the Salt Lake Tribune, since the recession began many consumers are choosing prepaid credit cards over traditional bank accounts and unsecured credit card accounts. How It Works The consumer...

According to an article in the Market Watch, credit card consumers are launching a massive, but silent revolt against credit card companies in response to higher interest rates, outrageous fees and unwarranted cuts to...

1. There is no such thing as a bankruptcy just for those who did everything right.  Let's get this straight, bankruptcy is designed for any debtor who is drowning in debt and can no...

According to an article in the Star-Telegram, moderate House Democrats are drafting a proposal that would shield big banks from potentially tougher state regulations of credit cards, mortgages and savings accounts. The article said:...

After filing for bankruptcy, a debtor's credit card purchases will come under scrutiny by the bankruptcy trustee at the 341 meeting. During the 341 meeting, the bankruptcy trustee will probably ask the debtor questions...

After bankruptcy, a credit history statement can make your credit report look better. After your bankruptcy is complete, you need to get your financial life in order.  Of course one of the first steps to...