What’s the Difference Between Default and Bankruptcy in California?

Submitted by Anonymous (not verified) on Fri, 06/04/2021 - 19:15
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Different events impact your credit score. If you default on an account or file for bankruptcy, you will see your credit score take a hit. However, that is where the similarities end. Defaulting occurs when you fall behind on a required payment, such as a car loan or mortgage. Bankruptcy is a legal process to […]
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