Intelligence

Rebounding from Bankruptcy Is Easier Than You Think

Bankruptcy afflicts over a million Americans on a yearly basis, and going under financially is widely viewed as a nightmare scenario. That isn’t necessarily the case, as a new Lending Tree reports. In fact, over 40% of Americans have a credit score of over 640 one year after filing for bankruptcy, 65% of bankrupt Americans see the same score (at least) three years after a bankruptcy. What’s the key in rebounding from bankruptcy? What
smart money moves will get you back on track, financially? What mistakes should you avoid? How realistic is it to recover from bankruptcy in short order and why or why not? All bankruptcy tips and comments welcome. Requirements: Bankruptcy experts, financial experts, debt and credit experts,
money managers, legal experts, people who have been in bankruptcy.