Template:Credit Repair Wiki/Featured Article August,2011



Are You Eligible for Bankruptcy? When there are no other alternatives you will need to consider bankruptcy.

While most people will never want to be in such a situation sometimes bankruptcy might be the best option because it will stop collection call agencies and other problems relating to severe debt.

Before you get to the stage where you need to consider bankruptcy you will probably be in a position where your credit score is very low anyway and there is little concern for any further damage that will be done to it. Even though bankruptcy will show up on your credit report for ten years it will at least give you the chance to start rebuilding your life with a clean slate where you will not have to repay the debt or possibly only a portion of it. Read more...