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October 2015 Archives

3 steps to rehabilitate your credit score after bankruptcy

If you are hopelessly struggling with debt, you may be reluctant to seek the bankruptcy relief that you need, because you are afraid that it will ruin your credit. Although bankruptcy will likely negatively affect your credit score in a significant way, its effect is immediate and temporary. In the long run, you will find this alternative better than doing nothing and letting your financial problems get worse, which can harm your credit score more than bankruptcy could.