This article list the three best services to repair your credit after bankruptcy.  It explains how to repair your credit after bankruptcy and how some people have higher FICO Scores after filing bankruptcy.

Don’t take our word for it.  The Federal Bank in New York and The Federal Bank in Philadelphia did separate research studies.  The studies showed the majority of people in financial trouble  make one of two choices.  They live with debt being overdue which in the long haul destroys their credit and lives.  Or they make the other choice.  They file bankruptcy and repair the situation.   If they file bankruptcy their credit report should show these discharged accounts as closed or no comment.  The accounts should not say that the debt is 6 months past due if the debtor no longer owes the debt.

An immediate drop in score may or may not occur

Yes filing bankruptcy may immediately drop a FICO score a few points.  But within a year people who file bankruptcy have much higher FICO scores than people who continue to have overdue or charged off loans.  Normally a person who has filed bankruptcy will  be able to buy a car within a few months after discharge and a home within 2 years.  People that remain in debt continue to never be able to buy a home because they have not taken care of these debts. Bankruptcy can be the beginning of financial success by eliminating debt and getting onto a budget.   Of course if you go right back to being in debt you will return to poor credit.  But that is a self inflicted wound.

Nearly everyone has inaccurate information on their credit report that needs credit repair.  After filing bankruptcy you will have more inaccurate information than normal.  By repairing your credit file you can have a life after bankruptcy and the information can be corrected.  Just because your bankruptcy is complete doesn’t mean that you have recovered until you are living on a budget and your credit has been restored. Neither of these happen automatically. Almost everyone who repairs their credit will be able to buy a car within 6 months to a year after filing bankruptcy and a home within 2 years after filing bankruptcy.

Credit repair getting a life after bankruptcy

credit repair life after bankruptcy

Beware of the fake credit repair shops

There are a lot of scams out there and you should know that you cant force truthful relevant information off a credit report.  But sometimes even truthful, relevant information is removed if you seriously make efforts to remove it.  Truthful items often only temporarily come off.

Most bankruptcy attorneys only file your bankruptcy. At our office we have partnered with a couple of services we trust if you want to sweep your credit file after bankruptcy.  Credit reporting agencies almost always get the wrong information after you file bankruptcy from lenders or they get no update and correction of the old data that is no longer correct. Correcting the information on your own can be frustrating. Even if you sign a reaffirmation agreement the lender may not report your on-time payments.

40% of the public have incorrectly reported items on their credit bureau report that would disqualify them for a car or home loan. Often an item will be listed as in default after bankruptcy when the correct entry on your credit report should be account closed, current, reaffirmed, transferred, a zero balance or have no entry at all.  This is what your Credit Repair should look like after a bankruptcy. We have teamed up with 3 different companies to make sure you start off your new life with a better credit bureau report. Remember cleaning up a credit bureau report will take some time. Normally 6-12 months is required to reach maximum improvement.

Here are the rules which should increase your score after filing or that help:

  1. If you discharge a debt you no longer owe the debt.  That decreases the total amount you owe and increases your score.  It should no longer be reported as owed or delinquent.
  2. Repeat examining your credit file.  Some debts may sneak back into your credit report and you may have to delete them again.
  3. Stick to your budget and don’t go back into debt.  However to establish credit you should have at least a revolving account like a credit card and an installment purchase like a car or home.
  4. Limit applications for any new debt.  Even a small credit application will lower your score and prove you pay what you have on time.
  5. Pay bills with automatic bank drafts so you don’t miss a payment.
  6. Don’t max the credit cards you want to have a very small balance on them.

Life after Bankruptcy

These are services we trust.  We are not paid a cent to list them.  But please let us know what your experience is like.  At the bottom of this page is a Short Video: How to properly get your free credit report and how hard it is to repair credit.

Credit Assurance: 

This service is run by CinCompass which does our intake.  It only costs 50 dollars which is a very minor cost. Reports are provided to you and if an item is untrue, outdated or misleading you have the right to correct it. Credit Assurance will handle the dispute for you but only after let them know you wish to dispute an item. This requires you to educate yourself and understand how credit should be reported and repaired.  Look at this sample corrected Credit Report which shows how a properly corrected report has changed

Lexington Law: 

This service does it all for you but it is the most expensive. You may need to supply them with a credit report at intervals. They will review and dispute items for you so you don’t have to know the rules or how it works. Within a year you will have reached the maximum that your credit file will improve.   But it is about 100 per month.


This is do it yourself self help forum.  They do have books and a set of forms available for a cheap price for the person that wants to do it themselves but any forms have to be edited and may not be effective or relevant for Kentucky and Indiana.

Short video: How to properly get your free credit report and how hard it is to repair credit.

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