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rcfourn

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chapter 7 bankruptcy REPAID!
Hi
Ok here is the deal my wife and I went chapter 7 bankruptcy in 2007 as the result of a botched surgery so we sued and won the federal trustee stepped in and paid off everyone we went bankrupt on .so we are left with a B on our credit report and a poor credit score. So what do we do now to rebuild our credit or have the bankruptcy removed from our credit report?

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Unfortunately, the bankruptcy will remain on your report until about 2017.  But, since it was based on medical expenses (which everyone know have grown far out of proportion to other expenses), they may be disregarded by potential creditors. 

Just be regular in making payments on any accounts you currently have, try for a secured credit card when you feel comfortable doing so.  The reason for that bankruptcy was clearly justified and that is something many potential creditors may take into consideration.

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