A bankruptcy legally can stay on your credit report for up to 10 years. The first way to rebuild your credit is by making sure that all accounts are included in bankruptcy and don’t remain open. The primary way to build back your credit score is by attaining and using credit. Sometimes that means applying for secured credit cards, which are usually reserved for people with poor credit, but rebuilding your credit can also include car payments. However, be prepared to pay hefty interest on these loans.
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How do I rebuild my credit after bankruptcy?
Submitted by Brian Reed on Thu, 10/01/2009 - 2:35pm