For those who have had to declare bankruptcy, you already know that this is one of the most damaging marks that you can have on your credit report. Many creditors consider it a "deal-breaker" when considering credit applications.
Chapter 7 and 13 are the most common types of filed bankruptcies. Chapter 7 stays displayed for creditors to see for 10 years, no questions asked. Chapter 10 is a little more forgiving. It shows for 10 years however, it can be removed after only 7 years.
Whichever way it's filed, bankruptcy is visible for a very long time. If you're someone that wants to improve the chances of being eligible for a good credit score, you should be someone that considers doing bankruptcy repairs.
It doesn't matter if everything else on your report is perfect, as long as it's showing that you've filed for bankruptcy that flaw is going to stick out like a sore thumb and you're going to have problems trying to get any sort of credit. If you have any hopes of restoring your credit to what it once was, you're going to have to find out everything you can about bankruptcy repair.
When attempting bankruptcy repair on your credit history, you will want to engage the services of someone who specializes in this area. Often, you will find some of the top experts who can help you are lawyers that represent clients who go through bankruptcy proceedings.
While it is difficult to remove bankruptcy information completely, there are credit repair companies that have had success doing this. More often, the information can be cleaned up and updated, adding explanations that will be included in your credit report.
There are legal firms that also work with repairing clients' credit along with agencies that are listed through the yellow pages and over the internet that will help with bankruptcy. Many agencies and firms will even provide your first appointment to be free.
Chapter 7 and 13 are the most common types of filed bankruptcies. Chapter 7 stays displayed for creditors to see for 10 years, no questions asked. Chapter 10 is a little more forgiving. It shows for 10 years however, it can be removed after only 7 years.
Whichever way it's filed, bankruptcy is visible for a very long time. If you're someone that wants to improve the chances of being eligible for a good credit score, you should be someone that considers doing bankruptcy repairs.
It doesn't matter if everything else on your report is perfect, as long as it's showing that you've filed for bankruptcy that flaw is going to stick out like a sore thumb and you're going to have problems trying to get any sort of credit. If you have any hopes of restoring your credit to what it once was, you're going to have to find out everything you can about bankruptcy repair.
When attempting bankruptcy repair on your credit history, you will want to engage the services of someone who specializes in this area. Often, you will find some of the top experts who can help you are lawyers that represent clients who go through bankruptcy proceedings.
While it is difficult to remove bankruptcy information completely, there are credit repair companies that have had success doing this. More often, the information can be cleaned up and updated, adding explanations that will be included in your credit report.
There are legal firms that also work with repairing clients' credit along with agencies that are listed through the yellow pages and over the internet that will help with bankruptcy. Many agencies and firms will even provide your first appointment to be free.
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