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Talk Credit Radio: Bankruptcy Fact Vs. Fiction, Medical Bills On Credit Reports

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Today on Talk Credit Radio: Friday, June 24, 2011

Do consumer bankruptcies do more harm than good? A recent post by Forbes blogger Stephen Dunn alleging that they do, has set off a heated debate. Jonathan Ginsberg, an Atlanta-based bankruptcy attorney who spearheaded a response to the Forbes blog, is joining Talk Credit Radio on Friday, June 24, 2011 to sort bankruptcy fact from fiction. He will explain how consumer bankruptcy really works and when you should consider it.

And if you have medical bills on your credit reports you’ll want to tune in as host Gerri Detweiler debates the Medical Debt Responsibility Act of 2011 with credit scoring expert Tom Quinn. This legislation will remove medical bills of $2,500 or less from credit reports 45 days after they are paid or settled. Good idea or bad? Gerri and Tom will share both sides of the argument.

Update: Listen to the podcast audio clip on from this segment:
Medical Debts on Credit Reports »

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Finally, if you’ve been through bankruptcy, how long do you have to wait before you can buy a home? Mortgage expert Joe Kelly from ArcLoan.com will reveal the requirements for getting a mortgage after bankruptcy.

Tune in to Talk Credit Radio:
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  • lisa

    If it weren’t for this economy, I’d be a lot less interested in this article. But, as it is, I am so grateful that you’ve posted these facts and myths about bankruptcy. I’ve been looking into my options (financially), and I’ve scheduled a consultation with a bankruptcy attorney next week… but I really wanted to research it a lot beforehand. This is such a great resource, so thanks!

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