how long does it take to builed my credit score after a bankruptcy?
541487
Suggestion: Go to 'rent to own' places and ask them if they will report your timely payments to the credit bureaus for you. Most of them will be happy to say yes, if you buy something of course. Get something small and simple and make the payments on it. Try to get 90 days, same as cash and knock it out before the 90 days are up. They report your good work and you can start rebuilding your credit. The bad stuff will still stick around for 7 years, but your efforts will help you in getting loans if you need them. Good luck to you!
210430
Please check the links I have listed below. They will help you sooooooo much on your journey to reestablish credit. There is a listing for bankruptcy friendly creditors as well as a fantastic group of ppl that have been in your shoes to help you with each step of the way.\nFirst I recommend you get copies of your credit reports and check them over for accuracy. You want to have a good idea of what's on your reports since bankruptcy so you know where to go from here. Good Luck!
644678
I know and used a Attorney, and all he ever did is helped people that have tarnished credit. He proved to me, he increased my credit score 100 points in 4 weeks. That is the first step, clean up your credit, then get a secured or unsecured loan.
1174066
Ok follow these instructions to the "T" this will restore credit nicely.  this information comes to you as a free no obligated gift from me as I was in the same predicament.\n   I  presume that you have endured the bankruptcy 7 year not credit allowed. sometimes that wait can be up to 10 years if you just stand by and do nothing about expediting the process.\n  \n1) sell an item or two, your goal is to come up with at least $600.00. or the more the better(fees &other).\n2) go to a bank(one that you have not done any prior business with and a national bank if possible.\n3) be sure you have all the criteria a bank needs to set up an account IE: ssn, id, at least a part-time job. birth  cert?\n4) deposit 500.00 into a savings acount.\n5) then have that $500.. as secuity because you will be taking out a personnal loan with in the amount of 500.00. You will not need a co-signsor(or at least i did't) as the money you just deposited is their security. their will be a hold by the bank on these funds.\n6) with the $500.00 you recieved as a loan. wait a few days and then go to another bank and use the same instructions. and if they ask if you have other accounts you can now say yes.\n  Do the above with at least three banks,each time you do this you will have in each bank $500.00. along with that you will be lugging this 500.00 around. \n7) ok now you have established 3 accounts. Please read the following importantly:\n hang unto the $500.00 and make the minimum monthly payment on each(recommended), this is ok as the goal here is to regain your credability here . keep track of all transactions.\n8) when your obligations have been fulfilled you now have credit along with $500.00 in each account.$1500.00!\n9) be sure to keep up on all those watchdog master credit rating burous.\n10) And their you go..You now have 3 lines of credit. i have helped\nother people out with the same succsess. be digilant and do not get back into the predicament that got you here in the first place.  \n  Your welcome           bchristo@tds.net
761520
Try this to improve your score:\n\nFirst know that the bureau must verify any debt you dispute. If they can not verify it, it must be deleted. They have 30 days to do this.\n\nWith 7 years in the credit business, I recommend disputing them all at the same time, as you will likely need to go through several rounds of letters to get what you want done. If something is blatently wrong with your credit report, call the bureau after they write back and refuse to remove it. Go up the food chain until a manager agrees to remove or amend the incorrect info on the spot. Don't buy into their speach about re-disputing it - but make sure you have provided the information necessary by mail already to correct the error. It will not help you to insist on something being removed if you have not provided verificaiton on why.\n\nWhen you mail in the dispute letter, mail in as much information as possible with it. If your verification is a bankruptcy, send in all the pages to your petition and tab the important pages for them to review.\n\nAlso mail in a copy of an electric bill and a copy of your ID to avoid any delays. See the FTC web's site for your specific rights with collectors and debt reporting:\n\nhttp://www.ftc.gov/\n\nIf your problem is directly with the creditors, write to them ONE time. If they do not remove incorrect information, write to your state's attorney general's office and the FTC. This will get you the results you seek if you are in the right.\n\nIf this is a collection agency problem, write to the same people plus the ACA at www.acainternational.org. Collection agencies are generally slime, so know your rights before you call them. See your rights here:\n\nhttp://www.ftc.gov/bcp/conline/edcams/credit/index.html\n\nIf you have legit items that are bad, dispute them also. If they can not be verified, they must be deleted. It is not your responsibility to prove they are inaccurate, it is the credit bureaus who must demonstrate they are.\n\nHope this helps!
370857
Bankruptcies will stay on your credit report for 7 years (Chapter 13) or 10 years (Chapter 7).  There is no way to remove them.\n\nIf you want to do some letter writing and play the "game" read the files below.  They outline the proceedure and laws involved in protesting inaccurate and unfair listing to your credit report.
1007412
I am a loan originator and deal with people who have bad credit on a daily basis.  I would suggest getting a copy of your credit report.  Then making sure that there are no duplicates or closed accounts affecting your score.  If there are you can call those places that have been dawdling in taking them off your credit report.  Pay things on time and try to get rid of as much revolving debt as possible.  If your credit is bad now you may need to wait a couple months until you can correct all of the above problems and bring your credit score up to where it should be.  I hope I helped to answer your question if you have any more concerning your credit scores feel free to contact me through my yahoo email.  P.S.  A credit repair company can raise your scores but you most likely won't see the results until the process is over, they can really affect your score negatively while the repair process is taking place.  Just put yourself in the lenders position. Would you lend money to someone going through a "credit repair"?  I suggest trying to do it on your own first.
1126338
Actually, it depends on your state. If you do a search for "statute of limitations by state", it will let you know what the limits are in your state. Many states have limits of only 4 or 5 years.\n\nRegardless, it will drop off of your credit report after 7 years from the date of last activity.\n\nKeep in mind that any legal information may need to be confirmed by a qualified attorney, of which I am not. Hope this helps.
712537
Okay, I'd say bankruptcy is in order.\nTrust me, I know what I'm talking about from unfortunate experience!!\nI was in a position where I was consuming more than I was providing...happened over a course of a year, while hours at work slowly disappeared and my lifestyle stayed the same...\nI was young enough, that although it's a black mark on my record for years, it's not the end all for me.  \nYou will not owe if you go bankrupt.  You will pay fees for nine months or so, then will have nothing more to pay.  But your credit will be bad, and so you'll have to depend on a steady job and a consistent cash flow for 7-9 years (or perhaps even longer).  I'd see a bankruptcy lawyer if I were you ( I found mine in the yellow pages), and get this started.  There's no point in waiting any further.  \nGet it over with, and if you aren't so young, there are still places willing to give anyone a loan.  "Bad Credit, No Credit, NO PROBLEM!!" They will have hefty interest though, so pay the bills on time!!\nAnyway, good luck....
3552
They dont.Even if you pay off the balance owed its still in the credit report for 7 yrs.The best thing to do is try to make arrangements with the creditors owed and set up a payment plan.This will reflect in your credit report helping to atleast raise your score back up.Becareful not to miss or forget to make a payment when you agree to make payments this will show that you are unable to commit to payment plans in the report.It will take up to 6 months reflecting your payment history to Equifax, and theres 2 more that i cant remember.
902356
The answer is, "it depends."\n\nWith some lenders, as long as your bankruptcy remains on your credit reports you will be denied credit.\n\nThe good news is, there are many "normal" lenders who are willing to work with you after bankruptcy. You just need to know where to find them.\n\nIt's NOT about working with lenders that are convenient for you. It's about finding lenders that will work with you without taking advantage of your situation.\n\nEach lender sets their own "credit guidelines." What are credit guidelines? They are simply the minimum requirements you must have in order to qualify for credit with that lender.\n\nThe three common credit guidelines for most lenders who work with people after bankruptcy are: \n(1) The amount of time you have since your discharge\n(2) How you pay your bills after discharge\n(3) Your FICO® credit scores.\n\nTime will heal.\n\nMortgage companies are pretty forgiving when it comes to lending money to someone who's filed bankruptcy. In fact, after bankruptcy, it's actually easier to get a mortgage on a new home than get approved for an unsecured credit card.\n\nAs long as your middle FICO credit score is 580 or above you will qualify for mortgage financing with no money down...just maybe not at the interest rate and terms you want. (This assumes you haven't had a foreclosure in the last 24 months and you have a good payment history since your discharge.)\n\nTo get better terms and a lower interest rate, you need a higher middle credit score. A middle score of 600 will give you a lower interest rate and better terms. (This assumes you haven't had a foreclosure in the last 12 months.) A middle score of 620 or above opens up even better options once you have two years after discharge.
622925
NOT TRUE!  YOU NEED TO REGAIN YOUR CREDIT, BY BUYING A CAR AT A BUY HERE, PAY HERE. IT WILL HELP YOU RE-ESTABLISH YOUR CREDIT IN TIME, USUALLY A COUPLE YEARS. ALWAYS WHEN BANKRUPTCY HAS BEEN FILED, TECHNICOLY THEY CAN HOLD IT AGAINS YOU FOR 10 YRS.
514475
Guess what?  If you file for bankruptcy you will still have bad credit.  Plus, the laws have changed.  Even if you file you may still be responsible for your debts.
113813
No that is not much debt just try to make payment arrangements and pay monthly payments to ensure your credit is not ruined.  Bankruptcy stays on your credit for 7-10 years that is a long time
529873
If your credit is already shot, bankruptcy might be an option.  That way you don't need to pay back your unsecured debt, and you can start rebuilding your credit once you aren't trying to pay too much each month with too little money.  Be aware, though, that a bankruptcy will stay on your credit record for seven to ten years.  \n\nIf you already find that you can't get credit because you've had problems, it won't hurt you, but if your credit is salvageable, try contacting a consumer debt management outfit.  They will negotiate with your creditors to reduce or possibly even eliminate interest rates, and you will pay the outfit a flat amount every month, which they will pay out to your creditors.  They usually charge something for their service, but it is not much and it is a whole lot less than what you are probably paying in interest on your existing debt.\n\nGood luck.  There is a light at the end of the tunnel.  You just have to perservere.
334203
Once your bankruptcy is cleared, make sure that the credit reporting agencies, all 3 of them delete the bankruptcy completely from your credit report. Do not have alot of inquiries on your credit report, (ie: credit card applications, new car applications, furniture etc.) Inquiries lower your score. Alot of places want to run credit reports on you when u go to buy something, DON'T LET THEM UNLESS U REALLY THINK U MAY BUY FROM THEM. Always pay your bills on time, in advance or completely off as soon as u can. All of this looks good on a credit report. It will take awhile for your report score to go up, but remember when it does go up, the better rates you will get on almost anything u would want to buy especially the really big purchases car or house.
901660
applying for bankruptcy will ruin your credit. It stays on the report for 7-10 years. You will not be able to get credit cards, loans, a house, car, etc.\n\nCall care one credit specialists, they can help you find a solution so that you dont have to file bankruptcy > well at least thats what their commercial claims\n\ngood luck