If you’re a recent graduate whose found your dream job, you’re about to discover that you won’t be achieving many of your dreams if you don’t have access to credit.
Before you make any decision that will destroy your good credit, I urge you to seek professional help from a trustworthy credit counseling service. A financial specialist will examine your entire financial picture, help you develop a workable budget, and present you with all your current options given your specific circumstances.
I owe about 50,000 in debt. Through the years I've contemplated filing bankruptcy, and as work isnt steady, I'm looking to file BK this month.
Within this debt, I have past due taxes, and an education loan which is now with a collection agency. As I can not write these debts off, is there a way to negotiate the terms, or maybe even lower the balance so I can get back on track?
My goal is to have a 720+ credit rating. How realistic is this after filing bankruptcy, how long would it take, and what are some things I can do to rapidly increase my score?
Posted by keithwashington on Apr. 12, 2010 12:58 pm.
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I owe about 50,000 in debt. Through the years I've contemplated filing bankruptcy, and as work isnt steady, I'm looking to file BK this month.
Within this debt, I have past due taxes, and an education loan which is now with a collection agency. As I can not write these debts off, is there a way to negotiate the terms, or maybe even lower the balance so I can get back on track?
My goal is to have a 720+ credit rating. How realistic is this after filing bankruptcy, how long would it take, and what are some things I can do to rapidly increase my score?
Posted by keithwashington on Apr. 12, 2010 12:58 pm.
»
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I owe about 50,000 in debt. Through the years I've contemplated filing bankruptcy, and as work isnt steady, I'm looking to file BK this month.
Within this debt, I have past due taxes, and an education loan which is now with a collection agency. As I can not write these debts off, is there a way to negotiate the terms, or maybe even lower the balance so I can get back on track?
My goal is to have a 720+ credit rating. How realistic is this after filing bankruptcy, how long would it take, and what are some things I can do to rapidly increase my score?
I owe about 50,000 in debt. Through the years I've contemplated filing bankruptcy, and as work isnt steady, I'm looking to file BK this month.
Within this debt, I have past due taxes, and an education loan which is now with a collection agency. As I can not write these debts off, is there a way to negotiate the terms, or maybe even lower the balance so I can get back on track?
My goal is to have a 720+ credit rating. How realistic is this after filing bankruptcy, how long would it take, and what are some things I can do to rapidly increase my score?