Worried Bankruptcy Will Ruin Your Credit?

You can start rebuilding your credit immediately after filing bankruptcy. Bankruptcy wipes out debt, which in turn helps improve your credit score.

Although it will stay on your credit report for seven to ten years you can usually obtain a mortgage within eighteen to twenty-four months after discharge.

If you have a student loan that was not paid in full during your bankruptcy, continue making your payments after your bankruptcy case is discharged. This is a great way to reestablish credit.

Credit card companies spend billions of dollars perpetuating myths and false information about bankruptcy and how it can allow you to regain your financial freedom.

Remember, it is in their best interest to keep you in debt!