Bankruptcy can legally remain on your credit report for 10 years. But, it does not have to remain there for 10 years.
And, in fact, bankruptcy, like any other negative item will remain on your credit report only as long as that information is timely, accurate, and verifiable.
The Wizard of Credit Repair works with people who have successfully removed every type of negative credit, including bankruptcy. They challenge negative items like bankruptcy. When an item is challenged, creditors must provide documentation of each challenged item.
Sometimes creditors don’t respond to a challenge. They may have archived your files after 6 to 12 months; your account may have been sold and transferred to another agency; agencies are often understaffed and don’t respond in time; signatures and key documents become lost; and sometimes agencies simply don’t respond. When no valid response is provided to the credit reporting agency, they must remove the item from your credit report.
And, as negative items, like bankruptcy, are removed from your credit report your credit score increases and you have an easier time getting credit at lower interest rates.
Take a look at the video that explains all about credit repair and why it works so well.
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Being Harassed by Creditors or Debt Collectors? 
If you are being contacted by creditors or debt collectors you need to know that there are laws that are on your side to protect you. These laws provide for penalties when creditors or debt collectors go beyond the law to try to collect debts. Consumers, just like you, are collecting $1000s from major lending institutions and smaller debt collectors. Collectors hope you don't know your rights. But, filing a simple lawsuit can often bring in cart loads of cash. |
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