Learn your rights. Call Lexington Law call 1-877-269-7923 Reliable and Honest Credit Counselors

Credit Counselors

Call: 877-269-7923

Solution for Credit RepairCredit Counselors

We all suffer at times, and some of us more than others. It depends on the amount you owe, but for most of us getting out of debt is possible. Let’s consider Bankruptcy Chapter 7. Chapter 7 Bankruptcy allows families and individuals to erase many of the debts owed to consumers. Chapter 7 Bankruptcy will often erase medical bills, home mortgage, car payments, and credit card bills.

If you are not good at budgeting, there are Credit Counselors that will help you set up a budget plan. Remember you are not alone, and there are people out there willing to help you get back on your feet.

  • Another form of bankruptcy that is available is the Chapter 13 Bankruptcy. Chapter 13 Bankruptcy means that the debtor keeps their assets while making lower monthly installments on their belongings. This is a good solution for building credit. If you missed car or home payments it is a solution to help you repair your credit. The downside with Chapter 13 is that if you miss payments the courts has the right to change your plans.
  • If the courts see that the delay is only temporarily they may issue you a ‘grace period’ until you get back on track, otherwise you might get a ‘hardship discharge,’ which means that your debts are dismissed. The best solution then is finding a solution for the problem that won’t lead you into the courtrooms.
  • Always contact your Credit Counselor if you need legal advice. 877-269-7923


Tagged with:

Filed under: San Diego House Inspections

Like this post? Subscribe to my RSS feed and get loads more!