Yes. And it doesn't take 10 years. Concern about credit after bankruptcy can be a terrible roadblock for people who really need to file. They want to buy a house, or a car, or they want to rent a better apartment — but they think that bankruptcy will only force those dreams even further away than they are now. That bad credit will continue to follow them even after they file.
Not so. The reality is that many people have improved credit after bankruptcy. But you have to know how to make that your reality.
Miller & Miller has partnered with an innovative company called 720 Credit Score to show you, in a step-by-step format, exactly how to do that. This is not just general advice, rather, it is a program that offers a solid credit education. A way to understand the mysterious math that makes up your credit score. It doesn't have to be a secret code!
What Happens To A Credit Score After Filing Bankruptcy?
Some people come into a bankruptcy with a high credit score, which will take an initial drop once they file. Many people come in to a bankruptcy with a score that is already low, and for them, the bankruptcy filing has less of an impact. Either way, clients who follow the 720 program typically see credit scores of 720 or better within 12 to 24 months of filing a bankruptcy. This might be the best credit score many have had in a long time, if ever, and it's AFTER filing a bankruptcy!
We hope this news will inspire people who are on the fence about filing for this reason to stop throwing good money after bad, so to speak, and start the process of debt elimination...if only to get on the path of credit rehabilitation that much sooner.
With 720's program, you will learn, among other things:
- What a utilization rate is and how it impacts your score
- What type of positive information will overwhelm the credit bureaus and make creditors pay attention to your recent credit history, rather than your past bankruptcy
- What types of accounts you should have on your credit report, and how many
- What balances you should carry on any new cards
- How to remove derogatory items, and how to ensure that your pre-filing debts are being reported correctly after bankruptcy
A big part of the problem people have after filing a bankruptcy is to wipe their hands clean of credit after they file. But if you do this, instead of having poor credit, the person ends up with no credit. Unfortunately, no credit can be just as bad as poor credit.
Why Good Credit Is So Important
GOOD credit not only allows you to do things, it allows you to save money when you do them, through fair and reasonable interest rates. Good credit actually saves you hundreds, if not thousands, of dollars. It is just as important to us that your financial recovery is complete as it is to you. So we searched high and low for a credit rehabilitation program that would actually help clients reach their future financial goals. We truly believe this is it, and that is why we decided to make this program available for A LIMITED TIME TO EVERY SINGLE ONE OF OUR NEW BANKRUPTCY CLIENTS. In addition, if any of our past clients are still struggling with credit-related issues, we will discount the program price for them. This credit education program normally costs $1,000.00 for enrollment!
Contact Our Law Firm Today
There is simply no faster way to build credit after a bankruptcy than through Miller & Miller and www.720CreditScore.com.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.