Repairing Credit After Bankruptcy: Part 4


This final article discusses the common sense steps that every debtor/consumer should take to create a more favorable credit score. While it's not rocket science, it does take persistence and patience. Debtor/consumers must be careful not to take shortcuts to quicky improve their score and get caught up with scam artist who are ready to take advantage in this weakened economy. Use this article to map out a strategy to continue to increase your credit score on a yearly basis. Begin with the credit report you obtained during bankruptcy and request the annual update from each credit reporting bureau. Just because you filed bankruptcy doesn't mean that you should disregard your credit score for the next ten years. Taking action now to do all you can to improve your score can put you in a position to obtain credit sooner than you thought possible after bankruptcy.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Denise Brown's Legal Direction | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.