Is it possible to clean your credit report after bankruptcy? 4 Answers as of November 15, 2010

Is it possible to clean your credit report after bankruptcy?

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Law Offices of Michael J. Berger
Law Offices of Michael J. Berger | Michael J. Berger
Absolutely yes! Bankruptcy itself can be the first step towards improving your credit score, as bankruptcy discharges debt. By law, this discharge of debt must be reported to the credit bureaus. This improves your credit score. Most of my clients have higher credit scores one year after they filed bankruptcy than they had immediately before they filed bankruptcy. After you receive your discharge, it is a good idea to get an updated credit report to see which items are erroneous or can be updated in a way that will help your credit score.
Answer Applies to: California
Replied: 11/15/2010
Greifendorff Law Offices, PC
Greifendorff Law Offices, PC | Christine Wilton
Yes, in fact many peoples credit scores actually go up after bankruptcy.
Answer Applies to: California
Replied: 11/14/2010
Gus Johnson Attorney at Law
Gus Johnson Attorney at Law | Gus Johnson
Debts that are discharged in bankruptcy should not continue to be shown as outstanding debts on a credit report. The fact that you file for bankruptcy can be reported for ten years.
Answer Applies to: South Dakota
Replied: 11/13/2010
Builders Law Group
Builders Law Group | Nick Campbell
There are many companies promising such services but if you do a little research you will find that there is little they can do to wipe out legitimate debts, negative reports or other valid obligations. These agencies generally can only clean up improper reports which you could easily do yourself for a fraction of the cost.
Answer Applies to: California
Replied: 11/12/2010
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