Bankruptcy is poison that will destroy your credit report and will make credit repair impossible.
Once you have filed for bankruptcy, not even bother getting a copy of your credit report because that would be a waste of time.
You cannot even imagine having high credit score for the next ten years.
We often get to hear such ridiculous statements from so called experts as far as bankruptcy and credit score is concerned.
There is no doubt that the mention of bankruptcy in your credit history will have a negative impact for the specified period ranging from eight to ten years.
However, it certainly is not the end of the world.
No matter what happens, never ever stop monitoring your credit report.
Do you know that certain debts discharged by bankruptcy may still be shown as a due in your report? If you get rid of this information, your score will automatically improve.
There are many persons who adopt a pessimistic view and point out that and no amount or effort is going to put you at par with those who have not filed bankruptcy.
Well, why do have to compete with others? Why don't you try to have the best credit score amongst those who have filed for bankruptcy? If you earn a high income, have a reasonably high score despite having a bankruptcy and are prepared to offer a down payment, you can easily qualify for a secured loan.
Of course, there are many who will say that this is impossible.
Well, expecting fifty to seventy percent discount from credit card companies was also impossible.
Expecting the government in America to invest in private organizations than actually purchase stake in these banks and financial institutions were also considered impossible.
Do not go by precedents in history.
Rather, try to convince the lender that you are safe bet despite the presence of bankruptcy.
All this will be possible only if you manage to repair your credit score.
After removal of errors, you should focus on improving your credit by making use of secured credit cards.
This will be a slow process but the combination of solutions offered by different credit repair experts can easily help you make a positive change in your financial life.
You may not be in a position to hide the bankruptcy but you certainly are in the position of making it irrelevant.
Just give it a try and hope for the best.