Credit report and scores Boston

After filing bankruptcy, the best and most inexpensive way to start repairing your credit is to acquire a secured credit card that reports to the credit bureaus. If credit report and scores Boston you wait at least two years, you may also be able to acquire an unsecured credit card that has fairly reasonable terms. But if you want to start out right away with a secured credit card, you will want to consider the following things credit report and scores Boston before selecting: Finally, once you decide on a decent card all you need to do credit report and scores Boston to begin repairing your credit is follow the guidelines and make your payments on credit report and scores Boston time. Read and understand the credit report and scores Boston credit card agreement, and as long as you don’t default- miss payments, go over the limit, etc. you’ll be well on your way to repairing credit report and scores Boston your credit score and before you know it you’ll be house shopping. You may be wondering what exactly happens after you have filed your bankruptcy and completed the process. fact act

People don’t know when they credit report and scores Boston look at you that you credit report and scores Boston had to file bankruptcy. There was a time when people believed that a bankruptcy on your credit report meant you were doomed forever and credit report and scores Boston would never be able to acquire another loan or credit card for the rest of your life. The first thing you may realize after filing credit report and scores Boston bankruptcy, is that life is far from over. The next thing you may realize after filing bankruptcy, is that some of the creditors may not understand that the debt has been discharged and will credit report and scores Boston still contact you for payment. reporting credit card theft As soon as you file bankruptcy, you are granted an automatic stay. This means that all creditors are barred from contacting or attempting to collect any debt from you. The automatic stay may also stop foreclosure proceedings and force creditors to return repossessed property. After the bankruptcy is discharged, credit report and scores Boston you no longer owe the debt and you would think phone calls and harassing letters would be well behind you. The problem occurs most credit report and scores Boston often when a debt is sold over and over again to different collection agencies. Some collection agencies may honestly not be aware of the bankruptcy. Usually, simply telling them that the debt was discharged in bankruptcy takes care of it and you won’t hear from them again. Believe it or not, creditors will still call debtors thinking they might still actually receive payment for the debt.

 Sometimes the debtor simply doesn’t know that the creditor cannot collect. Other times, bankruptcy filers are so afraid of messing up their fresh start that they pay, not realizing that they no longer owe the debt. how to get your credit report

A creditor or collection agency may even contact you trying to collect years after the bankruptcy. It is illegal however, for debt collectors to continue to contact you. If this credit report and scores Boston happens, it is advised that you gather as much information as you can from the creditor and then notify your attorney or a bankruptcy attorney.