Credit reports and ruin?

I hold to wonder why citizens give an account other populace not to wallet liquidation because "it will be on your credit report for 7-10 years." I ask this because, if you're not paying your bills, that too will be on your credit report for a long time. As in, what is the difference? At least possible when you record collapse, you are consolidating your bills and trying to start over. If you can't pay packet your bills, after they'll of late pile-up near behind time fees and never go your credit report.

Answers:
In certainty your credti score will restore your health faster if you record BK to some extent than if you try and trudge along and retribution it past its sell-by date. Sad commentary.
first do you expect any one have a right to steal from another human being == any time you sign a contract you are sign for the the vocabulary and conditions of that contract -- if your receive goods/services you own no intention not to settle for them == person stupid contained by money running is no excuse -- i communicate folk not to report - i only want them to be honest and keep hold of their side of the barter! realize this have nought to do next to credit score but i in recent times have to grasp it out!


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