On July 30, 2016, Social Security began requiring new and current my Social Security account holders to sign into their account using a one-time code sent via text message. This second layer of security that requires...
Unlike debt settlement and debt consolidation, bankruptcy typically wipes out debt. Although this may seem like a solution to your money problems, it will have lasting consequences on your credit report and still may not remove all the debt you have.
Here's how these three to five years are filled: 1  First, like in Chapter 7, the filer gives a detailed petition to the bankruptcy court. A bankruptcy lawyer often helps draft these documents. 2  Next, the filer meets with the bankruptcy trustee to create a reorganized debt payment plan.