augustgrl80
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start paying the stuff you owe on yet. and you cant declare bankruptcy unless you are so much in debt, i believe you have to be close to 10 grand in debt to do so. and i dont think it will hurt your husbands credit. |
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Jay
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Pay off your bills. This sounds simple, yet hard, all at the same time. However, it is the best solution.
Tighten your belt if necessary. Sell off some of your more expensive items. Maybe stop eating out. Get a 2nd job. Do whatever it takes (legally).
Also, call your credit card companies. Tell them you want to pay them back without declaring bankruptcy. They will work with you, because when you declare, they lose LOTS of money.
If you can, get a new credit card with a 0% rate for balance transfers. Then transfer the debts to that card. Pay it off, and watch your score rise.
Lastly, try a credit counselor. http://www.ftc.gov/bcp/conline/pubs/credit/fiscal.htm
Good luck! |
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A hot chick with Brains
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go to a free credit counseling company. They will tell you how to clean it up and give you other options if you can't afford to pay back your debt. It would affect your husband and his credit too .. Be careful and talk it over with him as well .. |
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deb67037@sbcglobal.net
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Bankruptcy laws have changed, it's not that easy any longer. Get with a lender or bank officer, have them run your credit report and just start working on it! Many creditors will "forgive" some of the balance for a partial payment....you need to make some phone calls. It'll take you a good year to have your credit report look better..you need to make EVERY PAYMENT ON TIME from here on out! Late pays are bad on your credit report. You need to be honest with your hubby to be...let him know what is going on and what you are doing to fix it! If the two of you are going to make a purchase together, do it under his social security number, name only.....don't use yours until you get it cleaned up! Good Luck! |
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margaretswett@sbcglobal.net
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Deja Vu....LOL I had to file bankruptcy right before I got married and everything we did for the first few years was in my new husband's name only, but in filing the bankruptcy did not affect him at all, it was before we got married....Best wishes =) |
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WhyAskWhy
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it clears itself after 7 years. nothing you can do but wait. |
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Battousai
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No bankruptcy stays on your record for at least 7 years. That's at least. Get a credit card and use it but Only when you have the money to pay it! Make sure you have a balance of 0.00 every month. If you don't have a savings account, get one. And NEVER be late on any payments you have due.
Those are 3 small steps that will help quite a bit! |
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math_prof
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Bankruptcy is to be avoided at all costs.
- One do not cancel any of your cards.
- Two work on paying down the ballances. Your credit score will improve as your total debt to available credit ratio improves.
- Three pay everything on time.
Good luck. |
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Rishi
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Pay it. What are you waiting for? You don't have money? Borrow from somebody friend,family etc... |
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advocate172000
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stop borrowing, renegotiate all debts, be honest with your prospective partner, of find a rich idiot to bale you out |
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dmb41
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You dont give enough details, but... Im guessing credit cards are part of the problem? Start by consolidating all your cards to one or two. Cancel the other cards. Don't miss a payment on the one card (at least pay the minimum). This is at least a start, but there are too many factors to say if it will affect your husband. |
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Joshua
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Get a free credit report -> freecreditreport.com
Pay what you can, make sure you don't have any late or collection bills pending.
Bankruptsy will hurt you worse if you CAN pay the pending debt down. The worse things are credit cards over limit. |
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psykochatter
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You have a year? That is plenty of time.
*Start by pulling your credit. If you've recently been turned down for credit, you're entitled to a free copy of your credit report.
*Dispute anything that is not accurrate. Anything that is on there before you turned 18... dispute.
*After 7 years from your last payment, accounts drop off. If you're getting near that time, it might be wise to just forget about it and wait it out.
*If you settle any debt (Recent) make sure they mark it "Paid as agreed". Otherwise, it could negatively affect your credit.
*If you own a home, never ever be late on that payment.
*Keep your balances relatively low, but try to keep something on the card (I always pay my cc bills in full, but purchase -something- before the check gets to them).
*Keep old cards in good standing open. The longer you have credit open, the better.
*Always always always pay more than the minimum balances
Try to avoid a bk like the plague. Not only will it be on your record for 7-10 years, lenders may not lend to you in that time because of it. Also, there is no learning involved in that. Working on getting it fixed will make you feel more satisfied in the long run. Also, with the tougher bk laws, you might not have an easy time with it. |
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kristenamylucien
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Bankruptcy would be the only way to "clear" your credit. When you get married your record will go on anything joint with your husband. You should talk to a lawyer before making any decisions though. If your husband does have good credit you could have him add you (jointly) to his things(credit cards, bills etc etc) and that will build up your credit slowly. |
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