Repairing Your Credit After Bankruptcy
Credit Report Repair Attorney
Milwaukee ● Madison ● Oshkosh ● Green Bay ● Sheboygan ● Racine & Kenosha
While bankruptcy can discharge debt obligations or adjust them so that you can effectively pay them off, elimination of those debts from your credit report isn’t automatic. Assistance with credit repair is another way that Debt Advisors, S.C. provides comprehensive debt relief services to people throughout southeastern Wisconsin from our three offices in Madison, Milwaukee and Oshkosh.
A bankruptcy lawyer at our firm can help you rebuild your credit by ensuring your outstanding debts discharged or paid off through bankruptcy are officially removed from your credit report. Contact us today to find out more about the credit repair and other steps you can take to make a fresh start .
Know Where You Credit Stands After Bankruptcy
When a client walks in our office, their credit rating is typically very low. After filing bankruptcy, there is likely going to be an improvement in your score, but it may take some time. A bankruptcy action will stay on your credit report for 10 years, calculated from your bankruptcy filing date, the legal discharge of debt should be noted on the report. If a report fails to note the discharged debt balances as zero, according to federal law, you have the right to challenge the accuracy of the information under the Fair Credit Reporting Act.
During your life after bankruptcy, a negative history with a zero balances on your credit report does not guarantee perpetual rejection when you want to buy a car or apply for a home loan. Credit repair is not hard, but it will take time. There are a number of things you can do to strengthen your finances:
- Start a savings account
- Set up automatic contributions from your paycheck to savings or retirement
- Use one credit card, and pay off the balance every month
- Take out a new, small loan and make consistent monthly payments on time
- Monitor credit reports, note inaccuracies and challenge mistakes
- Ask about our 720 Credit Score Program.
All consumers are entitled to free, annual credit reports from each major credit bureau. Proactive credit repair ensures that you avoid unfair bad credit ratings by a creditor involved in your bankruptcy.
Contact Our Wisconsin Debt Relief Offices: 1-800-222-5615
Remember, there are no shortcuts to building strong, clean credit after bankruptcy. Contact our credit repair lawyers for the sound advice and assistance you need to make your fresh start today.
We are a Debt Relief Agency. We help people file for relief under the Bankruptcy Code.