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How Long Does a Collection Stay on Your Credit Report?

CreditStrong for Business

Be aware that an entry indicating a consumer’s bankruptcy and potential credit accounts that were discharged under the bankruptcy might remain on the credit report for 10 years. Launched in 2015, the NCAP imposed changes to the credit reporting of medical collection accounts.

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Online Credit Reports & How They Are Tracking Everything You Do

Due

Examples include: Bankruptcies. What to look for in public records: A Chapter 7 bankruptcy stays on your credit report for 10 years after it’s filed. On the hand, after seven years, a Chapter 13 bankruptcy can be wiped out. Bankruptcy records filed in federal districts. Public Records. Foreclosures. It gets worse.

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Navigating The Debt Collection Landscape In Indonesia

MNS Credit Management Group

For value of debt below five hundred rupiah the debt is settled through a simple claim procedure under regulation of the supreme court number 2 of 2015 on procedures for settlement of simple claims. Over 500-million-rupiah worth of debt can be resolved through this forum.

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Rising Inflation: How Will Retirees Get Through Life

Due

These are only two unforeseen events that sparked a surge of bankruptcies. Analysts also became wary of another potential recession in 2015. In the aftermath of the Great Recession, 25 percent of bankruptcy filings came from Americans aged 55 and above. It may push you to bankruptcy or debt quicksand.

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Rising Inflation: How Will Retirees Get Through Life

Due

These are only two unforeseen events that sparked a surge of bankruptcies. Analysts also became wary of another potential recession in 2015. In the aftermath of the Great Recession, 25 percent of bankruptcy filings came from Americans aged 55 and above. It may push you to bankruptcy or debt quicksand.

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How to Check Another Business’s Credit Score (and Why You Should)

Fundera

According to credit bureau Experian, as of 2015 upwards of $8 billion is lost or stolen from small businesses yearly due to fraud. Why You Should Know How to Check the Business Credit Scores of Other Companies. It’s possible that this number is actually underreported, and that the damage being done is more severe.

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An Inside Look at the SmartBiz Application Process

Fundera

Most businesses can qualify for an SBA loan if they’ve operated for at least 2 years, have no recent bankruptcies or foreclosures, and have positive cash flow,” says Judy Balint, CMO at SmartBiz. No bankruptcies and foreclosures in the past 3 years. Cash flow to support loan payments. No recent charge-offs or settlements.