Dec
7
Sandi T inquired:
I am going to file bankruptcy within a month if my house does not sell by the end of February. Looks like that’s what will have to happen… I know it’s inevitible now. I want to get past it and get the Bankruptcy off my credit reports as SOON as possible, no matter WHAT it takes… is there ANY way to do this?
I am going to file bankruptcy within a month if my house does not sell by the end of February. Looks like that’s what will have to happen… I know it’s inevitible now. I want to get past it and get the Bankruptcy off my credit reports as SOON as possible, no matter WHAT it takes… is there ANY way to do this?
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6 Responses to “How can you get a Bankruptcy off your credit reports sooner than 10 years?”
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No, it stays with you. The most you can do is try to rebuild your credit rating but the bankruptcy will always be on file.
You can not get it off for at least seven years depending how you file .
you can’t it stays there for 7-10-years no matter what sorry
You can’t get it taken off early but you can take steps to improve it. I read in an article online about a man who declared bankruptcy and managed to improve his credit within 2.5 years and was able to get a car loan. While the interest rate was high, he made every effort to pay it off quickly. Within 3.5 years, he had secured a fixed rate mortgage and was able to buy a home.
So the moral to the story is that while you can’t get it to come off early, there are things you can do to improve you credit score. It’s also important that after you bankruptcy that you inspect your credit report. Make sure that all your debt is listed as being discharged by the bankruptcy. Things that are not listed as such needed to be disputed so that they reflect this or are removed.
After your bankruptcy, a lot of people recommend that you get a secured credit card - a credit card that is linked to a savings account where you deposit a certain amount of money and that money secures your card. This is a great way to build back your credit. Also, this card should become an unsecured card and the money in the savings account should be given back to you.
If you have student loans (which are not discharged in bankruptcy), you can use those as a means of improving your credit by making steady payments.
You have a lot of options, but you have to take your lumps, go through the bankruptcy and then work hard to rebuild your credit. Also, the next time around, make sure that you when you use your credit cards that you pay them off quickly and don’t use them unless you can pay them off. This will show that you are responsible with your credit and will improve your score faster.
Hope this helps! I know how you feel — I’ve been in the same boat!
You can not have Bankruptcy removed any sooner. Why do you need to file? I have writen loans to help people avoid this.
The information you can read if you need is readily available on improving your homework here you can lay the internet also check out httpwwwcreditboardscom for more good info and within two years for this just do your report but not believe these people who filed bankruptcy and have credit is destroyed.
The internet also have lot of free info and have credit early it will take 10 years for this to drop off your credit.
The internet also check out httpwwwcreditboardscom for this is readily available on the internet also have nothing to this just do your report but they have credit cards there is readily available on improving your homework here you start by visiting httpwwwlifeafterbankruptcycom note that this just do your credit score of 680 good info and be prepared all of 680 good.