how long bankruptcy on credit

How long does it take to build credit after bankruptcy good?
I am an employer declared bankruptcy because of credit card debt, and a suit from a former. I'm dead set on getting my financial world in order, what can I take to get after bankruptcy credit good steps, and how long will it take?
I lay back in lat 2000 and was released in early 2001, now I was lucky I had an existing account with the Ford car which I reiterated this so on I was very helped. As soon as my dismissal was entirely I applied for 2 credit card Orchard Bank and First Premier. Their interest rates and fees are very high, but after that paid off get it for everyday things like gas, lunches, etc. to use and pay in full before the due date so no interest. In 12 short months my guests was back on 650 and I bought a new car by Ford with no money down at 3.9%, and even better credit cards. After a further 12 short months, I bought a new home again without money down and a fixed rate of 6.5%. Today, all my scores are well over 800, although the BK still showing on my report. So the answer to your question is 12 months for reconstruction and 24 again have really good credit. Good luck.
Ask Brent – How Long Should I Wait After a Bankruptcy Before I Get Credit?
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Credit After Bankruptcy: A Step-By-Step Action Plan to Quick and Lasting Recovery after Personal Bankruptcy $2.73 A step-by-step action plan to quick and lasting recovery after personal bankruptcy. Indexed…. |