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Hello everyone… need your help to know something!! In the month of March, we will complete 3 years of our bankruptcy filing. Will this fact do anything to improve the credit scores? Or is there a particular time period after which the scores will increase? Thank you.

jerry · Posted: Fri Jan 13, 2012 1:49 am Post subject:

Hi Beatrice,

With time, the affect of bankruptcy will decrease and your credit scores will rise. However, you should also take steps to improve your credit. For example, you should take out a secured credit card and make sure that you don't make any late payments, etc.

Thanks,

Jerry

sabrinatoss · Posted: Fri Jan 13, 2012 2:10 am Post subject: Hello Beatrice ?

Bankruptcy will effect for your credit for an average of 7 years..consider it a way of purging the bad and being flagged for "high risk" until your prove yourself again.

Idea

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