Closing accounts, like opening newaccounts just, can cause a short-term dip in score.
With $80,000 in income,. If he offers to anyhow pay the money, what’s the point of submitting? Yes, filing for section 13 can help if he provides lenders hassling him evening and day time, and it can reduce his debts to what he can anticipate to pay. Although i no longer suggest personal bankruptcy based on the details you’ve provided, i perform think he needs to become more alarmed about the financial condition he is certainly in and start doing something to fix it — for both of your sakes.