Netcees - View Single Post - so yo.. has anyone here Ever Filed Bankruptcy?

Eviscerate · 02-25-2016, 11:47 AM

i filed back in 2005, cost me $1500 as single, not married.

erased everything i oweded, except Federal school loans.

bankruptcy stays on your credit report for 7 years. During that time, you can start rebuilding your credit, but don't even dare try to buy a house or get any loan until after that 7 year period is over. After those 7 years your credit report is pretty much clean and then you can start considering options like private loans, mortgage loans, etc. If you owe too much money you know ull never be able to pay back without killing yourself working, it's definitely worth filing. Big corporations file bankruptcy multiple times and just resurface under a different name.

02-25-2016, 11:47 AM	#18
Eviscerate stokely carmichael of rap Join Date: Jun 2013 Posts: 144 Rep Power: 3155074	i filed back in 2005, cost me $1500 as single, not married. erased everything i oweded, except Federal school loans. bankruptcy stays on your credit report for 7 years. During that time, you can start rebuilding your credit, but don't even dare try to buy a house or get any loan until after that 7 year period is over. After those 7 years your credit report is pretty much clean and then you can start considering options like private loans, mortgage loans, etc. If you owe too much money you know ull never be able to pay back without killing yourself working, it's definitely worth filing. Big corporations file bankruptcy multiple times and just resurface under a different name. __________________ i used to do that here.. Last edited by Eviscerate; 02-25-2016 at 11:50 AM.