You've gone through the bankruptcy process and are now in the process of
rebuilding your credit. But you may be wondering if your bankruptcy can be removed from your credit report. The short answer is no. At least not in a legal way. But if we look further, there is an underlying issue that needs to be addressed. Worrying about credit score delinquencies, public reports and spending countless hours trying to get information removed, is simply the wrong thing to worry about.
Major items like a bankruptcy or any items that are two years or older don't matter as much as the recent credit activity you have taken in the past two years. The problem with many credit "repair" companies is that they have their clients spend hours of their lives trying to remove every single negative item on a credit report. According to the Federal Trade Commission, no one can remove any accurate negative information from your credit file- IT IS ILLEGAL.
If somehow you manged to find a loop hole in the system and have the information suppressed, it will definitely come back around and hurt you financially down the road. Credit bureaus will not waste any time helping you remove any accurate errors from your credit report.
It can be really tempting to erase your past, but the ugly truth is you can't. Spending your time trying to cover it up and living in the past will ruin your chances of building a better future credit wise. If you rebuild your credit now and in the correct way, you will save thousands in the future by obtaining lower interest loans and credit cards.
At Atlantis Law we can help you learn how to
build your credit during and after your bankruptcy, we can educate you so that you have the best tools possible to have a great score. Don't focus on what happened in the past but focus on the possibilities of a healthy financial future.
For more information on how to rebuild your credit contact us and we will get you in touch with one of our attorneys that will help you through the process.