What To Do After Bankruptcy
Sometimes bankruptcy is the only option available when faced with a difficult
financial situation.
It is the very last resort after a financial collapse, and it is a way of
getting a fresh start.
What can be done after a...
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What To Do After Bankruptcy
Sometimes bankruptcy is the only option available when faced with a difficult
financial situation.
It is the very last resort after a financial collapse, and it is a way of
getting a fresh start.
What can be done after a bankruptcy to speed up the rebuilding
process, if anything? Once the bankruptcy is completed those accounts that were
included will be marked and notated on your credit reports.
There are actually many
subprime creditors that will issue credit right after, although they are very small
amounts.
It is a great way to rebuild your credit, as it will be a long road ahead.
In
the public records section of your credit reports it will list the bankruptcy details.
This can stay on your credit report for up to ten years.
The accounts that are listed as
included in the BK will remain for approximately seven years from the completion
date.
Time will heal, and after a few years your credit will regain its health.
There are
options for those that
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