Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Paying Your Bills
Profile Image

Question By
sharonworthington

0 Contributions
0 People Helped
is it better to file for bankruptcy before judgments entered or after?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
7370 Contributions
3810 People Helped

Helpful to 0 out of 1 people

Best advice is don't file bankruptcy, period.  It's going to hurt your credit score for the next 10 years and you'd have to start rebuilding your credit all over again. Work on paying off the judgements (which came from not paying the bills most likely).  And make all payments on time.

You really need to read the articles on this site and use the financial tools so you can learn how credit works and how to build a good credit score.  It takes being responsible with your money.   

Top Contributor
3051 Contributions
2791 People Helped

Helpful to 0 out of 2 people

It doesn't matter because a bankruptcy will NOT remove a judgment.  Unpaid judgments stay on your report for at least 10 years, and if the creditor refiles, even longer.  

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.