"I have a bankruptcy on my credit reports so my credit score is awful. Is there anything I can do ? There are credit repair companies who claim that a bankruptcy can be removed from my credit file. Is there really some way I can get my good credit back?" Questions like these are common. Poor credit scores affect millions of people in this country and in an economic climate where even people with average credit are having a rough time getting financing, people with bad credit scores are finding themselves being left out of the credit game entirely. Naturally, they begin inquiring about what they can do about it other than biding their time for years waiting for the negative items in their credit records to age and eventually fall off. The answers people get in response to these questions are typically disheartening. Most of the time, they are simply told that they will have to wait. Wait 7 years for most negative listings and a decade or more for a bankruptcy. And to make matters worse, the people answering these questions also tend to throw in unnecessary jabs like, "that's what you get for being careless" or "you should have thought of that before you acted irresponsibly". This is sad because what most people don't realize is that so many people with bad credit don't deserve it. They are merely a victim of circumstance and in many cases, a circumstance that is practically unavoidable. The number one cause of bankruptcy in America is fallout from a medical emergency or illness and while you can argue that insurance and preventative care will keep these situations from ruining a person financially, that is not always the case. Complications from unforeseen gaps in insurance coverage and billing errors can end up making you have to pay much more out of pocket than expected and when coupled with the loss of wages or employment that can go along with an illness or injury, these expenses can lead even the most responsible people down the road to bankruptcy. Fortunately, for many people, not all hope is lost. Regardless of what most people believe, it is possible to dispute and permanently remove any type of item from a credit report, including a bankruptcy. The law gives consumers the right to dispute any item on their credit reports that they feel is inaccurate or misleading. The law gives people who are being unfairly labeled as a a credit risk the opportunity to work to correct their credit score. This process of working to remove questionable negative items from credit reports has become known as credit repair. Whether through their own credit repair efforts or with the help of a reputable credit repair service, hundreds of thousands of people have been able to legally and permanently delete negative items from their credit reports including late payments, charge offs, collections accounts and bankruptcies.
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