Tuesday, January 8, 2008

Getting Credit And Credit Cards After Bankruptcy - Yes You Can, And I'll Show You How!

Most of us hate the idea of bankruptcy and what it would do to our credit! We would avoid it in everyway possible because there is no magical cure for debt, including bankruptcy. But if you do file bankruptcy and your motion is granted, then the realisation sets in! Now what? Who will grant me credit of any kind? Where can I get a credit card? These are all legitimate questions and these questions often terrify most people because getting and maintaining your credit rating took a lifetime!
But what about those who use bankruptcy as a last resort? Just how do you start over and where? The best way is with a copy of your credit report after a bankruptcy! Why? Because most people will have major errors in their credit reports because of the massive and sweeping changes that a bankruptcy does to your credit rating! Your credit rating is wiped clean, or it's supposed to be! Do you know that most of us who have all 3 of our credit reports find as much as 76% of it is riddled with errors? Even with these kinds of errors, you can still get bad credit credit cards! Would you believe that one of the most common errors is items that were listed as a chargeoff, that should be removed by bankruptcy are still showing up as a chargeoff? I have a whole website where I go into detail on how to rescue your credit and change this! I'll link it below and watch out for my other articles on this!
You can repair your credit while getting credit again and this is the best way to make your score rise! Getting credit is even easier than most think because some creditors know you cannot file for a bankruptcy again for another 7 years, but like I said, you need to know where to look! Credit cards are the best way to start since some of these are easy to get, even after a bankruptcy and they report to all 3 credit bureaus promptly, so make those payments on time! When applying for credit cards, knowing where to look will be of great help because applying for too many at once will not only hurt your score and make it go down, but the lower it gets, the less likely you are to get approved! The lesson here is to apply for credit cards where your application will do you the most good.
I had my ID stolen and went through a bankruptcy shortly afterward, so this is an area I know a lot about. A professional ID theft ring got a hold of my ID and burned their rental house to the ground to escape the police! For this reason, I authored several website on these topics in my attempt to be of assistance to others. The biggest piece of advice I can give you is don't give up and use my experience to get help! Things are not as bad as you might think and you will comethrough this with flying colors if you apply yourself and get mad enough to fight back!
All Rights Reserved! This article may be copied and reprinted or posted only if unchanged and all links are active!
Duane Bell is a ID theft victim and author who has recovered and posted several articles and websites with links to the Dept of Justice and the Federal Trade Commission. His articles and website content has been as a teaching tool in the classrom and has been picked up by the US Education system webportals! Easy Credit Repair has been a hit on the web and the credit card offers for those who must start over with bad credit have earned him testimonials in internet blogs as a learning tool worth using and looking into! His sections on Common Credit Repair Scams and How to Dispute Negatives in your credit report are being used in classroom instruction!
Article Source: http://EzineArticles.com/?expert=Duane_Bell

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