Is it possible to rebuild your credit rating once after showing your bankruptcy?

Answer #1

yes it is possible. it will be hard but it is possible. just try to keep the finances good and balanced and you credit should raise quite a bit if you keep everything good, never being late on a bill or bounce a check, etc..

Answer #2

Yes, but it takes years … literally. Once you’ve been released from your bankruptcy, you can start rebuilding your credit. While most creditors won’t touch you, you can apply for a secured credit card, and use it … making sure you get all the required payments done on time will give a big boost to your credit rating, but don’t expect to be offered credit for at least 7 years.

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