ANSWERS: 3
  • Yes. They say that it comes off of your credit record in 7-10 years and that it gradually has less of an impact on your credit score. I'm here to tell you that it's all bullshit. My credit sucked for every minute the bankruptcy was on my credit account and it stayed there every minute of the 10 years. The 10 years finally ended last December and things have changed for the good. One thing that pissed me off was that one belief about filing bankruptcy is that you are irresponsible in paying your debts. I had an account with a credit card company (the name ** Capital One ** shall remain nameless) for a year or so before I filed the bankruptcy and I always made my payments on time - I was never late. The minute I realized I was getting into financial difficulty, I canceled the card so I wouldn't damage my credibility with them (sounds like a responsible move, right?). After I had an income coming in and could afford it, I requested to have my card re-instated. They told me to go to hell. As it turns out, the only thing prospective creditors are interested in is if you earn more than the threshold that they want to see before offering you credit. Your credit score could flatline but if you earn enough, they'll give you a chance. Needless to say, I won't be giving the ** nameless ** credit card company the time of day ever again - they can kiss my ass. I'm the same person no matter what my income is, and I have the same economic and moral values. I know they don't need me, but I don't need them, either. But I can badmouth them and it could have repercussions. They can badmouth me all they want - I really don't give a flying fart (insert another word here). And that's the way it is. 😁
  • In Monopoly...and, I think, a couple of other board games.
  • never ever

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