Sentences with phrase «time bankruptcy generally»

Not exact matches

At the same time, the bloom came off of clean - tech, generally, with the notorious bankruptcy of Solyndra, a manufacturer of solar energy modules, and a broader shakeout of solar panel producers caused by plummeting prices and competition from China.

Once you are discharged from bankruptcy, which can happen as quickly as nine months, you can borrow again, but the bankruptcy information on your credit report generally means that the first time you borrow you may be required to provide a security deposit, or you may be charged a higher rate of interest.

Generally, the filing date is used in credit reporting and scoring, and the discharge date is used as the starting point for the required waiting period for a new mortgage, with the length of time depending on whether it's a Chapter 7 or 13 bankruptcy, and whether the loan is conventional, FHA, VA or USDA.

Debtors who file bankruptcy with the help of an attorney also generally have their debts discharged; those who choose to file pro se have a much more difficult time, and little mistakes can be costly.

If you've paid all of your bills on time, had no major bankruptcies and generally don't have more debt than you can reasonably afford to pay back, you should have a credit score above 680 — anything less and you'll want to keep reading.

Two things generally stop a creditor from being able to force collection of a debt: bankruptcy and time.

Joel Sandwith: The credit report is going to reflect your bankruptcy for six to seven years after you've been discharged from the bankruptcy, which can take varying amounts of time, but generally let's say about nine months to be discharged.