Q & A: ASK YOUR ADVOCATE

Q & A: ASK YOUR ADVOCATE

A question on whether an unemployed person should file bankruptcy when he is having trouble paying his credit card and student loan is answered. A bankruptcy filing is not the best choice. It will stay on your credit report for 10 years and wreak havoc on your credit score, lowering it by as much as...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Black enterprise 2010-02, Vol.40 (7), p.34
1. Verfasser: McRae, Sheiresa
Format: Magazinearticle
Sprache:eng
Schlagworte:
Bank credit cards
Bankruptcy
Debt management
Personal bankruptcy
Student loans
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page
container_issue 7
container_start_page 34
container_title Black enterprise
container_volume 40
creator McRae, Sheiresa
description A question on whether an unemployed person should file bankruptcy when he is having trouble paying his credit card and student loan is answered. A bankruptcy filing is not the best choice. It will stay on your credit report for 10 years and wreak havoc on your credit score, lowering it by as much as 300 points. As far as your credit card goes, call your creditor and explain the situation. You may be able to work out a payment plan. As far as your student loans, call your lender and ask for an economic hardship deferment or forbearance.
format Magazinearticle
fullrecord <record><control><sourceid>proquest</sourceid><recordid>TN_cdi_proquest_miscellaneous_217881572</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>1958204851</sourcerecordid><originalsourceid>FETCH-proquest_miscellaneous_2178815723</originalsourceid><addsrcrecordid>eNpjYeA0MDAw0zUxNDPlYOAqLs4Ccg0NTcw5GSQCFdQUHK0UHIO9FSL9Q4MUHF3C_J0dQ1x5GFjTEnOKU3mhNDeDuptriLOHbkFRfmFpanFJfG5mcXJqTk5iXmp-aXG8kaG5hYWhqbmRMfEqASmiKgU</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>magazinearticle</recordtype><pqid>217881572</pqid></control><display><type>magazinearticle</type><title>Q &amp; A: ASK YOUR ADVOCATE</title><source>Business Source Complete</source><creator>McRae, Sheiresa</creator><creatorcontrib>McRae, Sheiresa</creatorcontrib><description>A question on whether an unemployed person should file bankruptcy when he is having trouble paying his credit card and student loan is answered. A bankruptcy filing is not the best choice. It will stay on your credit report for 10 years and wreak havoc on your credit score, lowering it by as much as 300 points. As far as your credit card goes, call your creditor and explain the situation. You may be able to work out a payment plan. As far as your student loans, call your lender and ask for an economic hardship deferment or forbearance.</description><identifier>ISSN: 0006-4165</identifier><identifier>CODEN: BLENDG</identifier><language>eng</language><publisher>New York: Earl G. Graves Publishing Company, Inc</publisher><subject>Bank credit cards ; Bankruptcy ; Debt management ; Personal bankruptcy ; Student loans</subject><ispartof>Black enterprise, 2010-02, Vol.40 (7), p.34</ispartof><rights>Copyright Earl G. Graves Publishing Company, Inc. Feb 2010</rights><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>776,780</link.rule.ids></links><search><creatorcontrib>McRae, Sheiresa</creatorcontrib><title>Q &amp; A: ASK YOUR ADVOCATE</title><title>Black enterprise</title><description>A question on whether an unemployed person should file bankruptcy when he is having trouble paying his credit card and student loan is answered. A bankruptcy filing is not the best choice. It will stay on your credit report for 10 years and wreak havoc on your credit score, lowering it by as much as 300 points. As far as your credit card goes, call your creditor and explain the situation. You may be able to work out a payment plan. As far as your student loans, call your lender and ask for an economic hardship deferment or forbearance.</description><subject>Bank credit cards</subject><subject>Bankruptcy</subject><subject>Debt management</subject><subject>Personal bankruptcy</subject><subject>Student loans</subject><issn>0006-4165</issn><fulltext>true</fulltext><rsrctype>magazinearticle</rsrctype><creationdate>2010</creationdate><recordtype>magazinearticle</recordtype><sourceid>8G5</sourceid><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><sourceid>GUQSH</sourceid><sourceid>LD-</sourceid><sourceid>LD.</sourceid><sourceid>M2O</sourceid><sourceid>QXPDG</sourceid><recordid>eNpjYeA0MDAw0zUxNDPlYOAqLs4Ccg0NTcw5GSQCFdQUHK0UHIO9FSL9Q4MUHF3C_J0dQ1x5GFjTEnOKU3mhNDeDuptriLOHbkFRfmFpanFJfG5mcXJqTk5iXmp-aXG8kaG5hYWhqbmRMfEqASmiKgU</recordid><startdate>20100201</startdate><enddate>20100201</enddate><creator>McRae, Sheiresa</creator><general>Earl G. Graves Publishing Company, Inc</general><scope>0U~</scope><scope>1-H</scope><scope>3V.</scope><scope>7RQ</scope><scope>7WY</scope><scope>7WZ</scope><scope>7X5</scope><scope>7XB</scope><scope>87Z</scope><scope>885</scope><scope>8A3</scope><scope>8FK</scope><scope>8FL</scope><scope>8G5</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ANIOZ</scope><scope>AZQEC</scope><scope>BEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>BSCPQ</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FRAZJ</scope><scope>FRNLG</scope><scope>F~G</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>K60</scope><scope>K6~</scope><scope>L.-</scope><scope>L.0</scope><scope>LD-</scope><scope>LD.</scope><scope>M0C</scope><scope>M1F</scope><scope>M2O</scope><scope>MBDVC</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>Q9U</scope><scope>QXPDG</scope><scope>S0X</scope><scope>U9A</scope><scope>UXAQP</scope></search><sort><creationdate>20100201</creationdate><title>Q &amp; A: ASK YOUR ADVOCATE</title><author>McRae, Sheiresa</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-proquest_miscellaneous_2178815723</frbrgroupid><rsrctype>magazinearticle</rsrctype><prefilter>magazinearticle</prefilter><language>eng</language><creationdate>2010</creationdate><topic>Bank credit cards</topic><topic>Bankruptcy</topic><topic>Debt management</topic><topic>Personal bankruptcy</topic><topic>Student loans</topic><toplevel>online_resources</toplevel><creatorcontrib>McRae, Sheiresa</creatorcontrib><collection>Global News &amp; ABI/Inform Professional</collection><collection>Trade PRO</collection><collection>ProQuest Central (Corporate)</collection><collection>Career &amp; Technical Education Database</collection><collection>ABI/INFORM Complete database</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Entrepreneurship Database</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection</collection><collection>Banking Information Database (Alumni Edition)</collection><collection>Entrepreneurship Database (Alumni Edition)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>Research Library (Alumni Edition)</collection><collection>ProQuest Central (Alumni)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Accounting, Tax &amp; Banking Collection (ProQuest)</collection><collection>ProQuest Central Essentials</collection><collection>eLibrary</collection><collection>ProQuest Central</collection><collection>ProQuest Business Premium Collection</collection><collection>Black Studies Center</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>Accounting, Tax &amp; Banking Collection (Alumni)</collection><collection>Business Premium Collection (Alumni)</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>ProQuest Central Student</collection><collection>Research Library Prep</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Professional Standard</collection><collection>Ethnic NewsWatch</collection><collection>Ethnic NewsWatch (Alumni)</collection><collection>ABI/INFORM global</collection><collection>Banking Information Database</collection><collection>ProQuest research library</collection><collection>Research Library (Corporate)</collection><collection>One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central Basic</collection><collection>Diversity Collection</collection><collection>SIRS Editorial</collection><collection>ProQuest Black Studies</collection><jtitle>Black enterprise</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>McRae, Sheiresa</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Q &amp; A: ASK YOUR ADVOCATE</atitle><jtitle>Black enterprise</jtitle><date>2010-02-01</date><risdate>2010</risdate><volume>40</volume><issue>7</issue><spage>34</spage><pages>34-</pages><issn>0006-4165</issn><coden>BLENDG</coden><abstract>A question on whether an unemployed person should file bankruptcy when he is having trouble paying his credit card and student loan is answered. A bankruptcy filing is not the best choice. It will stay on your credit report for 10 years and wreak havoc on your credit score, lowering it by as much as 300 points. As far as your credit card goes, call your creditor and explain the situation. You may be able to work out a payment plan. As far as your student loans, call your lender and ask for an economic hardship deferment or forbearance.</abstract><cop>New York</cop><pub>Earl G. Graves Publishing Company, Inc</pub></addata></record>
fulltext fulltext
identifier ISSN: 0006-4165
ispartof Black enterprise, 2010-02, Vol.40 (7), p.34
issn 0006-4165
language eng
recordid cdi_proquest_miscellaneous_217881572
source Business Source Complete
subjects Bank credit cards
Bankruptcy
Debt management
Personal bankruptcy
Student loans
title Q & A: ASK YOUR ADVOCATE
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-24T17%3A19%3A32IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Q%20&%20A:%20ASK%20YOUR%20ADVOCATE&rft.jtitle=Black%20enterprise&rft.au=McRae,%20Sheiresa&rft.date=2010-02-01&rft.volume=40&rft.issue=7&rft.spage=34&rft.pages=34-&rft.issn=0006-4165&rft.coden=BLENDG&rft_id=info:doi/&rft_dat=%3Cproquest%3E1958204851%3C/proquest%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=217881572&rft_id=info:pmid/&rfr_iscdi=true