Answer: You may begin to repair and rebuild your credit as soon as your bankruptcy is completed.
Start by saving a set amount of money each month. With savings, you can rebuild your credit. For example, it's possible once you are discharged from bankruptcy to use your savings to acquire a pre-paid, secured credit card to repair your credit. Your savings may also be used as a down payment on a car or house once you have sufficient savings.
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posted by Questions @ 8:45 PM
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