Hey there, I’m Steve from Old Guy Insights. I’ve spent decades helping good people get out of bad debt, and if there’s one thing I’ve learned, it’s that what we think about bankruptcy doesn’t always match reality. Take this Federal Reserve study, for example. Now, I’ll be honest—it’s a bit dry and academic, but stick …
“Dear Steve, I discharged my debt in 2010, opened a few charge cards to build my credit. Have been doing all the right things. On time payments, debt on cards never over 30%, paid my car off and my Fico score stays the same. 686 for a year now. Before bankruptcy my score was 750-790. …
“Dear Steve, Filed chapter 7 & was discharged. This was all due to credit cards (alot from medical bills). My attorney said I might as well give the house to the bank also. He said it would not hurt the credit card debt that much at that point. I had met someone anyway & was …