Credit After Bankruptcy

This book is about how a person can establish his credit after bankruptcy within a short period of time. It informs the reader about how to make dramatic & lasting recovery out of bankruptcy.

The author & his wife Michele, both had their Chapter 7 bankruptcy discharged in 1993. At that time they were quit cash strived and had to borrow money from their relatives to file. After that within a period of 8 months they were able to take a mortgage with 6% rate, leased 2 cars & obtained bank loans, credit cards, start up loan for a small business & a number of other loans all using mainstream credit and not without the aid of credit companies which provide high interest loans.

Now they are able to consistently maintain dti ratio which is well below 20% and are paying back their bankruptcy debt with interest. Reader of this book will acquire knowledge & tactics of how to recover from personal bankruptcy. In addition he will be get practical, easy to use insights into principles of how to manage money & build wealth.

The book will be an important resource for people who had gone through bankruptcy and are looking for guidance on how to improve their credit. Bankruptcy does affect financial status but there are certain ways by which someone can recover out of the financial mess.

There are many such books available but how it is different is that it revolves around how the author was himself able to recover in a very short period of time and obtain new mainstream credit.

Bankruptcy is a scary thing. But good to know that even after bankruptcy you can restart your life and regain financial stability within a short period of time.

It is really very good book for everyone in bankruptcy to read.


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