If you are in foreclosure and are thinking about filing for bankruptcy protection, then there are many things that you have to consider. Many homeowners file for bankruptcy protection to prevent foreclosure. However, bankruptcy may end up hurting you more in the long run if you have not thought it through. When you have bankruptcy on your credit record, your credit score will drop significantly and it will be hard to convince any lender to lend you any money even years after your bankruptcy was finalized. This book called Credit After Bankruptcy: A Step-By-Step Action Plan to Quick and Lasting Recovery after Personal Bankruptcy will help you understand what will happen to your credit after you file for bankruptcy. The good news is that there are many ways for you to build your credit quickly. With the help of this book, you can learn all the different ways that you can re-build your credit yourself. This book gives a step-by-step action plan to quick and lasting recovery after personal bankruptcy.

From the Publisher

You can establish mainstream credit after bankruptcy...in less than eight months. Whether you filed bankruptcy several years ago or last week, this book will show you how to make a dramatic and lasting recovery. Stephen Snyder and his wife Michele, each had their Chapter 7 bankruptcy discharged in 1993. They were both so cash poor at the time they had to borrow money from their families to file. Then, within eight months they mortgaged a home at six percent, leased two new cars, and obtained bank loans, major bank cards, start-up capital for a small business, and more all using mainstream credit and without the aid of high-interest credit companies. Today they give, save, and invest 30 percent of their income live off 70 percent. They consistently maintain a debt-to-income ratio well below 20 percent. And, they are paying back their bankruptcy debt with interest. Our advice works. We know because we've been there. This book gives you not only the knowledge and tactics to recover from personal bankruptcy but practical, easy-to-use principles to manage your money and build wealth.