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Posted on July 19, 2010 by Jonathan Alper

Credit Repair After Bankruptcy

One of the major concerns of bankruptcy debtors is their credit rating. Credit ratings, while important to all, are especially important to bankruptcy debtors who usually emerge from bankruptcy with little cash and no assets. They need to reestablish credit as soon as possible in the event they need to buy necessities like a car or appliances for which they cannot pay cash.

I saw a good blog post by Michigan bankruptcy attorney Kurt O’Keefe about what steps people can take to rebuild credit after a bankruptcy. Those readers concerned about credit rehabilitation after bankruptcy can get good advice by reading Mr. O’Keefe’s article.

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Comments

I bought a credit repair software through this site for $97. I was curious to whether it worked or not but there was a money back guarantee.I didn't think that it would but it did. The site is http://www.webuyandsellrealestate.net/?page=Credit-Repair-Magic

I'm not seeing any suggestions here aside from getting a secured credit card, which is an obvious (and unfortunate) stepping stone. Paying rent and utilities will prevent more bad information from hitting your credit report, but I've never heard of these things being reported to the credit bureaus as a positive, and the positive reports are what is needed after a BK.

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