Sunday, January 16, 2011

Bankruptcy Tips - Some Rebounding Tips After Bankruptcy - Part #1

It is definitely a great feeling to have been freed from most of your debts by having filed for bankruptcy. Now you have a discharge for your debts, your creditors can no longer pursue a collection action against you, allowing you to start anew.

However you did have to compromise on your credit rating, which is now probably very low. You should consider the downside of bankruptcy before you head on, including the fact that it will remain on your credit report for 10 years. In the future now,

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