So You Thought You Wouldn’t Have To Deal With Creditors After Bankruptcy…WRONG!

October 13th, 2008

Tip! Prior to filing for Bankruptcy, know and explore all of your options. When all is said and done, bankruptcy should be looked at as your very last option to get you out of debt.

One of the biggest challenges that people encounter after discharging a bankruptcy is the cleaning up of their credit report. The challenge is one of communication. The credit bureaus only report that which they are told to report from creditors. They don’t discriminate one way or the other. They take the information that is given to them and put it on a credit report. From that reported information your credit score is derived. If the information they are reporting is incorrect or inaccurate then of course your score reflects those inaccuracies. So, the first challenge that you have after your bankruptcy has been discharged is making sure that the information that the credit bureaus have is 100% accurate.

Tip! Shop around. Most bankruptcy lawyers will at least offer a free initial consultation.

That is a rather monumental challenge. There are a couple of ways that you can assure that this information is correct. Here comes a blinding flash of the obvious

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