This information is a must read for anyone with a previous bankruptcy. It is important to note that an acceptable FICO score can be achieved shortly after the discharge of a bankruptcy; however, vigilance is essential to contain the harm that a bankruptcy causes to your credit report and credit score. Once your bankruptcy has been discharged, you need to obtain a free copy of your credit report and follow these bankruptcy credit repair steps.
(1) Make certified court copies of your bankruptcy papers including Schedules D, F and Discharge
(2) Make a copy of your credit report
(3) Compare your credit report to the creditors listed in your bankruptcy
(4) Circle any tradelines on your report with ANY of the following:
(a) Listed in bankruptcy but NOT reporting as included in bankruptcy
(b) Listed in bankruptcy but creditor is still reporting a BALANCE OWED
(c) Listed in bankruptcy but creditor is reporting a PAST DUE AMOUNT
(d) Listed in bankruptcy but creditor is reporting late payments AFTER case number assigned
(5) Write one dispute letter outlining any of the errors in #4 that apply and mail it along with your credit report and bankruptcy papers to each CRA as applicable. Be sure to use certified mail return receipt requested. You can follow these links for a free dispute letter and addresses for Equifax, Experian and Trans Union.