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  2. Tips for recovering from bankruptcy that you can start ... - AOL

    www.aol.com/finance/tips-recovering-bankruptcy...

    Reestablishing a solid credit score is another important part of your path to financial recovery after bankruptcy, especially because it can stay on your credit report for up to 10 years.

  3. How to rebuild credit after bankruptcy - AOL

    www.aol.com/finance/rebuilding-credit-bankruptcy...

    3. Apply for a new line of credit. Adding a new line of credit and making on-time payments can boost your credit score. This can establish a good payment history and increase your total credit ...

  4. 6 Ways To Rebuild Your Credit After Filing For Bankruptcy - AOL

    www.aol.com/finance/6-ways-rebuild-credit-filing...

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  5. Debt restructuring - Wikipedia

    en.wikipedia.org/wiki/Debt_restructuring

    Among the most common forms of in-court debt restructuring for firms in the United States are Chapter 11 and Chapter 12 bankruptcy. Under Chapter 11, firms form a plan to reorganize their credit obligations, such that they are able to continue operating while they are going through with their debt repayment plans and after they become solvent.

  6. Credit card debt - Wikipedia

    en.wikipedia.org/wiki/Credit_card_debt

    Credit card debt results when a client of a credit card company purchases an item or service through the card system. Debt grows through the accrual of interest and penalties when the consumer fails to repay the company for the money they have spent. If the debt is not paid on time, the company will charge a late-payment penalty and report the ...

  7. Chapter 13, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_13,_Title_11...

    The disadvantage of filing for personal bankruptcy is that, under the Fair Credit Reporting Act, a record of this stays on the individual's credit report for up to 7 years (up to 10 years for Chapter 7); [5] still, it is possible to obtain new debt or credit (cards, auto, or consumer loans) after only 12–24 months, and a new FHA mortgage loan just 25 months after discharge, and Fannie Mae ...

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