Contrary to what many people think, bankruptcy can sometimes be the best way to improve your credit score if it has been brought down by an inability to pay your debts. If you decide to file bankruptcy, there are some steps you can take to improve your credit score. By following these steps, I have…Read more
How Will My Bankruptcy Affect My Cosigner’s Credit Report?
As with so many legal issues, the answer to the question of whether your bankruptcy will affect your cosigner’s credit report and score is, “it depends”. As the filer, your bankruptcy will be reflected on your credit report in two ways. First, your bankruptcy will appear on the report as a public record for 10…Read more