Q&A: How can I raise my credit score after bankruptcy? I had a bankruptcy discharged, can I rem the accts included?
October 25, 2011 5:00 am
Question by T.J: How can I raise my credit score after bankruptcy? I had a bankruptcy discharged, can I rem the accts included? Fast Credit Repair Answer by KL The 2nd is tough and you’ll have to take on some pretty high interest rates, but it will be worth it. Start off with secured credit cards and go from there. Know better? Leave your own answer in the comments!
I filed for bankruptcy (chapter 7) a year ago and successfully had it discharged. I’m in teh process of rebuilding my credit and I pulled my credit report and all the creditors included in the bankruptcy have my accounts listed as “bankruptcy” which is destroying my credit score. Is there any way I can have those accounts removed since they are all closed and were included with the bankruptcy? Does anyone have any tips on rebuilding my credit? My score is currently 530 and I would like to raise it to the average but it seems like it hasn’t been going anywhere. What can I do?
Best answer:
The key to increasing your score after bankruptcy is 1.) making sure the debts that were included ARE being shown as IN BANKRUPTCY and have a zero balance and 2.) re-establishing your credit.