Credit Repair after Bankruptcy - What You Can Do without a Credit Repair Company's Help
Sadly, the information you are going to get from news sources about credit repair is not really going to tell you too much. The ones I have read simply say that you can repair your credit and that you probably ought to consult a credit repair company. Generally they also make mention of someone who has repaired their credit and what their situation was.
When it comes to credit repair, doing it after a bankruptcy is probably the simplest situation you could find yourself in. Here is why. If you have gone bankrupt, and the bankruptcy has been discharged, you don't owe anyone anything anymore. (Unless you decided to keep some debts out of the bankruptcy by choice.) It very often happens that after a bankruptcy, your credit report does not get updated correctly. There are often still accounts with balances reporting on your report even though the debt has been fully discharged. This is very common. In fact, very many of your accounts will probably be like this.
Typically, if you send out one ‘wave' of credit dispute letters, you will take care of this problem. The reason is simple. You don't owe these creditors anything anymore. Why would they confirm a debt that has been absolved in a bankruptcy? Do you really need a credit repair company to do this for you? You probably do not, unless you just don't have the time to do the simple self credit repair involved. But be advised, even if you work with a credit repair company, you are still going to have to put in a fair bit of effort.
The work the credit repair company does is actually quite minimal since they use credit repair software to make all your credit repair letters. This kind of software is available to the public even for free on some credit repair web sites. There are also versions of it that can cost anywhere from $29 - $99. All this software does is process data that you enter to make your credit repair letters. There is no "magic" to it or anything like that! You enter the data; it spits out your letters. It's exactly the technology used by credit repair companies. Sure, they know a bit more than you will, but a bit more reading and research on the web and you will probably know as much as half of the people working in the credit repair business.
If you're interested in finding credit repair software that is simple, effective, and absolutely free to the public, you can access it, along with video tutorials explaining how to use it, through my website, listed below.
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