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RMAI Update May 2023

RMAi Blog

26, 2023) A consumer filed for Chapter 7 bankruptcy, listing past-due rent he owed, and was subsequently granted a discharge. A debt collector unaware of the discharge, allegedly due to a bona fide error, sent several collection letters to the consumer regarding the past-due rent. See you in Monterey! Welcome, New Members!

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How To Rebuild Credit After a Financial Crisis

Due

When you understand the components of your credit score , you can find out what’s been bringing it down. In the US, it’s after ten years under a Chapter 7 and seven years after a Chapter 13 bankruptcy. Ensure your bank or credit union insures deposits through the NCUSIF or FDIC.