Bankruptcy is a legal proceeding involving a person or business that is unable to repay their outstanding debts. The bankruptcy process begins with a petition filed by the debtor which is most common, or on behalf of creditors, which is less common. All of the debtor’s assets are measured and evaluated, and the assets may be used to repay a portion of outstanding debt.
Repossession — the seizure of property that usually occurs as a result of nonpayment of a debt — can happen quickly and without warning. Any item used to secure a loan or a line of credit can be subject to repossession if the debt goes into default.
The quick inquiry removal method that aims to remove hard inquires from your credit report.
What is business credit?
Whether running a small corporate or a tycoon, every businessperson comes across the term “business credit.” However, if you have your first business you may find yourself wondering what that term means exactly.
Business credit, as the name implies, works similarly to personal credit but is only available to businesses. This credit gives businesses the ability to buy things now and pay later just as you would with a personal line of credit. There are eligibility requirements to get business credit just as there is with personal credit.
If you need to restore your own credit but don’t know where to start, this detailed but simple E-book has step-by-step instructions on what to do, how to do it, and when to do it. This 112 pages E-book will have you restoring like the professionals. If you need help with removing Bankruptcies, Repossessions, Evictions, Collections, Charge-offs, etc; this do it yourself guide is the one for you! There are a few dispute letters. This E-book is full of resources to assist with filing complaints if needed and even steps to take if you are a victim of Identity theft. You won’t be disappointed with this Do it Yourself Guide to restoring your own credit.
