RMAi Blog

MAY 12, 2023

26, 2023) A consumer filed for Chapter 7 bankruptcy, listing past-due rent he owed, and was subsequently granted a discharge. Keep your eye out for an email from RMAI for our Call for Presentations and be sure to submit your proposal. Seventh Circuit Holds Confusion and Concern Not Enough for Article III Standing Pucillo v.

Collector 100

Collector Credit and Collections Law Firms Debt Collections 100

Due

JANUARY 3, 2023

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. Despite the fact that there are no quick fixes for repairing your credit, there are things you can do to improve your FICO score.

Credit Scoring 119

Credit Scoring Bankruptcy Credit and Collections Credit Reporting Agencies 119

Due

APRIL 2, 2024

In the US, it’s after ten years under a Chapter 7 and seven years after a Chapter 13 bankruptcy. The lower your present credit utilization, the better your credit score. If you’ve already filed for Chapter 7 bankruptcy , you would have needed to sell off assets to help pay off your debts.

Credit Scoring 72

Credit Scoring Bankruptcy Credit and Collections Chapter 7 72

Lendio

MAY 23, 2023

Chapter 7: Closing the Books Prepare to close the books. Chapter 11: Financial Statement Dive into using and analyzing your financial statement. Financial statements are formal records that present the financial performance and position of a business. It provides a snapshot of the company’s financial position.

Small Businesses 52

Small Businesses Chapter 11 Chapter 7 Transactions 52

tillful

MAY 17, 2023

Unfortunately, derogatory marks cause your credit scores to drop and alert future creditors that you present a higher credit risk. In short, it communicates that you didn’t follow through on one of your payment agreements. However, they don’t stay on your reports indefinitely and tend to have a diminishing impact as time passes.

Bankruptcy 52

Bankruptcy Credit and Collections Credit Reporting Agencies Credit Scoring 52

Lendio

JULY 31, 2023

Small business accounting is the process by which a small business records its financial transactions and presents them in a standard format known as financial statements. Chapter 7: Recording Journal Entries A journal entry is a record in your company’s books of a transaction or group of transactions.

Small Businesses 52

Small Businesses Chapter 11 Chapter 7 Transactions 52