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How Harmful?
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feelingnutsy
Senior Member
Bankruptcy Contributor
Joined:
Dec 2009
Posts:
280
State:
Nunavut
#1
How Harmful?
06-24-2010, 09:31 PM
If I've got a bk and an fc---although connected to the
same timeframe and financial situation---how bad are both together?
bkstuff
Member
Bankruptcy Newbie
Joined:
Jan 2010
Posts:
88
#2
06-24-2010, 10:31 PM
Probably about the same would be my guess. I would not worry about having both since they are in the same time period.
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frogger
Senior Member
Bankruptcy Mentor
Joined:
Apr 2009
Posts:
4142
State:
Private
#3
06-25-2010, 04:43 AM
Your credit is shot with either of them, so don't worry about it. Start fresh and you can build it up again if you choose to.
All information contained in this post is for informational and amusement purposes only.
Bankruptcy is a process, not an event.......
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BobMango
Senior Member
Bankruptcy Tutor
Joined:
Jul 2009
Posts:
764
State:
Private
#4
06-25-2010, 02:32 PM
Probably not that bad. I had a foreclosure and then the bankruptcy. About 4 months post discharge and my score according to myfico.com is 644.
Case Closed > 2/08/2010
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feelingnutsy
Senior Member
Bankruptcy Contributor
Joined:
Dec 2009
Posts:
280
State:
Nunavut
#5
06-25-2010, 08:59 PM
Thanks for the info---everybody---and I thought that doing
foreclosure first might just double the negativity of everything.
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