Thursday, April 10, 2014

The Importance of a 3 Source Credit Report Before You File Bankruptcy

Know Who Owns Your Debt


It will cost you several thousand dollars to file bankruptcy, so why would you jeopardize the success of your bankruptcy to save $50?  A good 3 source credit report will cost you about $30 to $50; not much  money compared to the $306 chapter 7 filing fee or several hundred dollar attorney fee.  By obtaining a 3 source credit report you will know who owns your debt, how much you owe them, and the last 4 digits of the account number relating to each debt.  If you look at Schedule F you will understand that this information is incredibly helpful.

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