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.

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Published In: Bankruptcy Updates, Consumer Protection Updates

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.

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