Tag: bankruptcy lawyer Archive
Taking On Your Credit Report: Step Two
Justin Harelik
August 3, 2016
After you’ve pulled your credit report, adjusted your mindset to your new, lower credit score, and made your credit score goal of 720, you’re ready for the next step. Step Two: Update Your Information with the Credit Bureaus Start at the beginning and make sure that all the information reflected ...
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Taking On Your Credit Report: Step One
Justin Harelik
August 1, 2016
The first thing you have to do when it’s time to restore your credit after bankruptcy is to access your credit. Pull your report and get a good understanding of where you are and where you want to go. What do I mean by that? Step One: Pull Your Credit ...
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The Four C’s: Analyzing a Credit Application
Justin Harelik
June 29, 2016
There are four major elements of a general underwriter’s guidelines in reviewing and analyzing a credit application for the lender. We like to call it the Four C’s: credit, capacity, collateral, and character. The Four C’s: Credit – The applications you submit immediately after bankruptcy, at the beginning of your ...
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What Makes Up Your Credit Score?
Justin Harelik
June 28, 2016
It’s one thing to decide that you are going to rebuild your credit score after bankruptcy, but it’s another thing to do it – particularly when you aren’t sure where credit scores come from. What makes up your credit score? Payment History (35%) Outstanding Debt (30%) Age of Your Credit ...
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Tell Your Bankruptcy Story: Your Very Own Sound Bite
Justin Harelik
June 27, 2016
According research, over 80% of bankruptcy petitioners have dealt with: illness, divorce, or unemployment. What’s your bankruptcy story? Prepare your very own 30-40 second sound bite explaining why you filed for bankruptcy protection. This is important because as you begin your quest towards a credit score of 720, you are ...
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If I Don’t Make My Minimum Monthly Credit Card Payment Will I Get Arrested?
Justin Harelik
March 5, 2015
There are so many people that are struggling with overwhelming debt. Many of those who find themselves in an impossible situation financially attempt to “do what they can” to stay in good standing. Doing what they can usually means sending in as much money as possible, but not meeting the ...
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Top 3 Mistakes People Make Before Filing for Bankruptcy: Avoid Common Bankruptcy Mistakes
Justin Harelik
December 11, 2014
Once you’ve made the decision to file for bankruptcy, it is usually best to take your time to ensure it is done right. It is very rare that a bankruptcy needs to be filed on an emergency basis. Unless you fall into this rare instance, take the time necessary to ...
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