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Credit Scores Trend Upward After Bankruptcy

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Credit Scores Trend Upward After Bankruptcy

Reposted from Cathy Moran:

After bankruptcy, credit scores go steadily up, says a 17 year study released by  the Consumer Financial Protection Bureau.

Got that?  Go UP.  Every year.

Importantly,  credit scores start improving the same year that the bankruptcy is filed.

Think on that for a moment.

How collectors stoke fears about bankruptcy

Creditors and their shills shout that bankruptcy trashes your credit score;  the data show just the opposite.  There’s no dip post filing, but instead an ...

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US Trustee Changes Format for Meetings of Creditors

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U.S. TRUSTEE PROGRAM EXTENDS TELEPHONIC OR VIDEO SECTION 341 MEETINGS TO CASES FILED THROUGH OCTOBER 10, 2020

June 12, 2020

The U.S. Trustee Program is extending the requirement that section 341 meetings be conducted by telephone or video appearance to all cases filed through October 10, 2020. However, if the responsible U.S. Trustee or case trustee determines that an in-person examination of the debtor is required to ensure the completeness of the meeting or protection of estate property, the U.S. Trustee may ...

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COVID-19 risk management

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Dear clients and visitors:                   Governor Bullock has issued directives designed to  provide  guidance for the phased reopening of Montana.

Cossittlaw will adhere to these directives  and for all office visits of any sort will:

  1.     Enforce the 6 foot distance to the fullest extent possible; and
  2.     All participants at such meetings will be required to use non-medical face coverings while in public

Thank you for your understanding and adherence to the phased guidelines ...

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