Sunday, December 12, 2010
How: removing bankruptcy
Bankruptcy is a Government statement that the bankrupt person can no longer pay their debts and you want to have your debts deleted, deleted, or weakened. There are four types of bankruptcies. Chapter 7, Chapter 11, Chapter 12 and chapter 13. In accordance with the law you can on your credit report be removed until either seven or ten years passed filed bankruptcy bankruptcy proceedings depends on the type was filed.Difficulty: ModerateInstructionsThings you need: copy of your credit report1Determine day you bankruptcy submitted. Determine the type of bankruptcy filed. Is this a chapter 7, 11, 12 or 13 2If bankruptcy is a chapter 7, 11 or 12, the bankruptcy will be removed report your credit card, after 10 years from the time of the bankruptcy was submitted. Chapter 7 may be submitted by individuals and companies and is the most serious kind of bankruptcy. Chapter 11 is less severe, but may be submitted only by the company. Chapter 12 is a type of bankruptcy for farm bankruptcy families and fishermen. 3If is a chapter 13, bankruptcy should be removed after seven years from the date filed. Chapter 13 bankruptcy people have reduced their debts to enable deferred payments and the value up. 4If not have a plan for the refund bankruptcy submitted and there is a bankruptcy on your credit report, send a letter to all three credit specifying false or inaccuracies on your credit card report dispute and to see the bankruptcy above after is legitimate or were removed from the evidence that bankruptcy. In order to remove the fair credit reporting Act, credit reporting agencies must use inaccurate information on credit reports or reveal about credit reports is precisely a formal investigation.
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