In addition to the nationwide group, Austin isolated a group of 100
bankruptcy filers from Massachusetts.
Not exact matches
Nearly 10 % of college students will drop out of school because of credit problems and the proportion of
bankruptcy filers under 25 has risen
from under 1 % in 1995 to more than 5 %
There is always a lot of questions asked about the chapter 7
bankruptcy process, especially
from new
filers.
A year after filing for
bankruptcy, 43 percent of
filers had a credit score of 640, says a study
from loan marketplace website LendingTree.
The automatic stay, which takes effect as soon as a
bankruptcy case is filed, prevents creditors
from taking any collection action against the
filer.