Reestablish credit after your foreclosure, bankruptcy, divorce or job loss

How to Rebuild Credit

Thu Dec 13, 2007 11:12AM | By Tony, Bad Credit Advisors
See more in Credit Repair | Permalink | Email | Comments (0)

In response to quite a few questions on how to reestablish credit after certain life changing unfortunate events including but not limited to foreclosure, bankruptcy, divorce and job loss, Bad Credit Advisor assemble several excellent sources for your reading. Read carefully if interested and always use your best judgment. Remember, this is for the information only, you are to decide which credit repair path to pursue.

We start with the Total Bankruptcy which is the nationwide side of lawyers specializing in bankruptcies of all types. Here are the outlines of 4 steps on the life after Chapter 7 including short idea on how to rebuild your credit in step 4, fees and much more, including attorneys practicing in your area and things like auto credit repair loans and dealerships.

Two links from eHow - first outlining 7 steps on credit repair while the second features 12 do-it-yourself steps on how to rebuild credit. Both links also give few tips and warnings.
Credit.com shows secured credit cards which require no credit check and charge you less than 20% interest, in one case is less than 15%. Of course there are yearly fees from $60 to $80, but these cards have been the new beginning for many.

The short info page from military.com, giving only few bits of information but providing some useful links.

Infofaq.com explains few basics things, links to many useful FTC articles. Quite informational site to many credit related issues.

This one comes from University of Illinois at Urbana Champaign Urban Programs Resource Network. Some sound advice on how to rebuild your credit, including getting a job and bill pro-ration.
Also check credit rebuilding advice from Nolo, this is their rebuilding credit FAQ, read it and go from there.

The last one is from Legal Helpers warning you on payday loans among other things, and advising to search for bankruptcy friendly mortgage brokers (afraid you won't find any today) and car dealers.

If you would like to discuss your options you can contact Troubled Homeowner by completing our online form.

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