My BK was filed in April and discharged in early August. I mainly had to file for BK due to divorce and was getting stuck with the debt, since my ex didn't pay.
I reaffirmed my car, but have B of A so, am unable to reaffirm my mortgage, which is fine, because I don't care for B of A. I plan to do a "ride through" and want to improve my credit in the next 2 years, so the mortgage companies will be fighting over who gets to refinance my mortgage (I love my home).
In October I had saved enough for a pretty good down payment for a second car (I have a son who drives). I only needed about a $7,000 loan, my finance rates are steep, but I expected that. I'm not sure what to do from here. Shall I pay off the car or continue to make payments? I actually make a decent income and only qualified for Chapter 7 because of all the previous debt. I currently have no credit cards, just the 2 car payments and the mortgage which I guess is not being reported. My credit is crap right now, like in the mid to high 500's. I have Identity Guard and all three have not yet began to report my second vehicle (first payment was this month). Yet, Identity Guard shows my BK listed twice and 2 names of people who aren't me, places I have never lived etc. I decided to pull all 3 credit reports separately and none of this info is listed like it is in Identity Guard, so I am not sure how to dispute this. That's my second question. From reading here, I guess my next step is to wait awhile and get a decent credit card. I put myself on the "opt-out" list, so I haven't really received any offers lol. Thanks for any help in advance.
I reaffirmed my car, but have B of A so, am unable to reaffirm my mortgage, which is fine, because I don't care for B of A. I plan to do a "ride through" and want to improve my credit in the next 2 years, so the mortgage companies will be fighting over who gets to refinance my mortgage (I love my home).
In October I had saved enough for a pretty good down payment for a second car (I have a son who drives). I only needed about a $7,000 loan, my finance rates are steep, but I expected that. I'm not sure what to do from here. Shall I pay off the car or continue to make payments? I actually make a decent income and only qualified for Chapter 7 because of all the previous debt. I currently have no credit cards, just the 2 car payments and the mortgage which I guess is not being reported. My credit is crap right now, like in the mid to high 500's. I have Identity Guard and all three have not yet began to report my second vehicle (first payment was this month). Yet, Identity Guard shows my BK listed twice and 2 names of people who aren't me, places I have never lived etc. I decided to pull all 3 credit reports separately and none of this info is listed like it is in Identity Guard, so I am not sure how to dispute this. That's my second question. From reading here, I guess my next step is to wait awhile and get a decent credit card. I put myself on the "opt-out" list, so I haven't really received any offers lol. Thanks for any help in advance.