A bankruptcy will appear under the ‘Public Records’ section on your credit report. It will stay here for seven to ten years (unless removed). Every type of bankruptcy will drop your score up to 240 points for at least three years.
We recommend 5 steps if you have a bankruptcy on your credit report:
- Open two credit builder cards (payment history is 35% of your score)
- Open one credit builder loan (credit mix is 10% of your score)
- Find a friend or family member to add you to their old credit card(s)
- Find a friend or family member willing to co-sign for a home, apartment, or car
- Dispute the accounts for validity and accuracy
Get Your Bankruptcy Removed Professionally
In some cases, we recommend speaking with a Credit Repair professional to analyze your credit report. It's so much less stress, hassle, and time to let professionals identify the reasons for your score drop.
If you're looking for a reputable company to increase your credit score, we recommend Credit Glory. Call them on (866-718-6029) or setup a consultation with them. They also happen to have incredible customer service.