Ive declared bankruptcy last year and Im inquiring if theres any way to rebuild my credit without waiting 7 years?
I think you will need to wait for years before you can rebuild your credit. Bankruptcy can be useful to clear out all your debts.
Doctor s Diagnosis: A deep cut that can be cured. Doctor s Prescription: Re-establishing after a bankruptcy can happen before the seven years is up. The rule of thumb for most lenders is they will start to look at you two years after discharge. You will still not qualify for conventional credit on our own, but with a co-signer or large downpayment, it is possible to start rebuilding.
