Personal bankruptcy filings have been on the rise as of late, even after the government made it more difficult for families to qualify for bankruptcy status with the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 — the BAPCPA. (creditdonkey.com)
When you're approved for bankruptcy status by a federal bankruptcy court, some or all of your debts will be forgiven, and creditors and collections agencies are no longer permitted to pursue you for those debts under law. (policygenius.com)
When you enter in your information and submit to a soft credit check, you likely won't be asked about your bankruptcy status. (studentloanhero.com)