What is the first essential thing you should do when your bankruptcy has been finalized?(1 point) Responses plan to start rebuilding your credit plan to start rebuilding your credit hire a good lawyer hire a good lawyer go back to living the way you were before go back to living the way you were before do nothing until the bankruptcy has been removed from your credit reports
What is the first essential thing you should do when your bankruptcy has been finalized?(1 point) Responses plan to start rebuilding your credit plan to start rebuilding your credit hire a good lawyer hire a good lawyer go back to living the way you were before go back to living the way you were before do nothing until the bankruptcy has been removed from your credit reports
plan to start rebuilding your credit
under which process might you not have to pay off all your debts in full?(1 point) Responses Chapter 13 bankruptcy Chapter 13 bankruptcy both Chapter 7 and Chapter 13 bankruptcy both Chapter 7 and Chapter 13 bankruptcy Chapter 7 bankruptcy Chapter 7 bankruptcy neither Chapter 7 nor Chapter 13 bankruptcy
Chapter 13 bankruptcy
Which process leaves you with no debt when it is over?(1 point) Responses Chapter 7 bankruptcy Chapter 7 bankruptcy neither Chapter 7 nor Chapter 13 bankruptcy neither Chapter 7 nor Chapter 13 bankruptcy both Chapter 7 and Chapter 13 bankruptcy both Chapter 7 and Chapter 13 bankruptcy Chapter 13 bankruptcy
Chapter 7 bankruptcy
Which of the following will increase your credit score?(1 point) Responses You have a major credit card, a store credit card, and a gasoline credit card, as well as a student loan and an auto loan. You have a major credit card, a store credit card, and a gasoline credit card, as well as a student loan and an auto loan. Your credit record goes back years, but all your current loans and/or accounts were opened recently. Your credit record goes back years, but all your current loans and/or accounts were opened recently. You have many missed or late payments on your credit cards or loans
You have a major credit card, a store credit card, and a gasoline credit card, as well as a student loan and an auto loan. Your credit record goes back years, but all your current loans and/or accounts were opened recently.
Which of the following will likely lower your credit score?(1 point) Responses You recently declared bankruptcy. You recently declared bankruptcy. You are three months away from paying off your 5-year loan. You are three months away from paying off your 5-year loan. All your low balances on your credit cards. All your low balances on your credit cards. All of your accounts date back five years or more.
