6 Steps to Rebuild Your Credit After Bankruptcy

The way people feel after going through bankruptcy can vary widely. Many feel relieved, some frustrated, others battle-worn. It partly depends on the road they took to get there. “Some people are ecstatic, it’s a big burden lifted,” says Michael Bovee, who has been working in debt settlement for 20...

How to Avoid Credit Repair Scams

Your credit score dictates a lot about your financial situation, so it’s understandable that you want to protect your score and keep it as high as possible. If past financial mistakes are dragging down your credit score, there are legitimate ways to try to correct them.  Credit counselors may help...

8 Bankruptcy Myths You Should Stop Believing

Many people have misconceptions about bankruptcy. Not just the process, but also about the future fallout that comes from declaring bankruptcy. While bankruptcy should be taken seriously, it’s often not as scary as people think, said Michael Bovee, co-founder of debt relief company, Resolve. “People are so afraid of bankruptcy,...

How to settle with a debt collector

If you’ve fallen behind on a debt, and the debt collectors are calling, you’re probably under a lot of stress. It’s important, though, not to panic and to come up with a plan of action. The first thing you should know is that you can negotiate. Debt settlement is one...