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Eric Singleton: Posted on Friday, February 11, 2011 11:13 AM
There was a time when bankruptcy bronded a person so that future credit was nearly impossible for years. From what I am seeing, this is no longer the case. Indeed, a bankruptcy filing is often the fastest way to "repair" damaged credit and get back on track. Many companies speciffically target new bankruptcy filers for car, credit card, and other loans within the first month or two of a bankruptcy filing. Many of these loans are predatory and sould be avoided. However, there are a few good companies to work with even right after your bankruptcy. |
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