Improve Credit Scores After Bankruptcy
I just returned from a workshop held by Fico Certified Credit Professional Rondi Lambeth, owner of Fortress Credit Pro where I gained some great information I want to pass along to you here. He cleverly coins the name of his workshops as, Fico Score Up Yours! The negative connotation of sticking it to Fico always makes me giggle. So, you want to know how to improve your credit score after bankruptcy? I have great news. If you go to Rondi's website, you can pay $50.00 for him to audit your credit report and point out all the errors. He will tell you himself that you can do this on your own and don't need to hire him, but if you do, he will have you sign a statement that you knew this and requested his services anyway. 
Here's the myth I outlined last year in, Filing Bankruptcy Will Ruin My Credit. Rondi says that he can actually achieve greater results, much faster for those who have filed bankruptcy. Usually in about 90 days you can have good credit again. In many cases, you can even have your bankruptcy removed from your credit report. What? Read that again. You can actually have your bankruptcy removed from your credit report!
Under the Fair Credit Reporting Act, any information provided on your credit report must be accurate, meaning 'freedom from error.' Accurate information means that the creditors must report complete, full and accurate account numbers, which Rondi says, they rarely do. Also, those who have filed bankruptcy will know that their bankruptcy case always ends in two letters, which represent the Judge's initials of the Judge assigned to their case. What this means is that if the Judge's initials are missing, the credit bureau MUST remove this erroneous information all together. What's even better is that once you've filed bankruptcy and received your discharge, your debts must show as discharged on your credit reports. White v. Experian is our case on point with this issue.
Another nifty trick provided by Rondi was the use of IRS Form 12277 to remove a tax lien from your credit report by simply completing the form and sending it to the IRS with the box marked under Section 8(d) that "withdrawal is in the best interest of the debtor and the government."
My advice from this article, How To Use Credit Wisely After Bankruptcy on May 17,2010 still holds merit, but with Rondi Lambeth in your corner, helping you to clear the errors from your credit report and improving your score will put you back on the right path of financial freedom while being fiscally responsible with your money. Not to mention that with great credit comes the better job, and rewards programs and discounts only offered to those with the best credit. Now that's a Winning Formula!
