Many online companies offer help to repair and improve your credit score.
Here's a company my mom used last year. She said they were patient and not pushy throughout the process. She was happy with them and has gotten her way to getting back to decent credit.
yazing.c om/deals/creditrepair/animanifest
B/K will NOT fix credit unless you consider NO credit for 7 yres. "fixed". It will get it off your record.
The fact that you have a repossession on your credit report is not a determining factor of whether your can file for bankruptcy. Generally in bankruptcy you can remove the debts from the repossession of your vehicle.
No.
Yes, but perhaps not as adversely as an involuntary repossession.
Neither is good. However, a repossession does less damage and is removed from your credit report within less time than a bankruptcy.
You present proof that the repossession never occured. You can dispute it with the credit reporting agency.
A repossession is a repossession, no matter if it is voluntary or not. Your credit will be ruined for 7 years.
The fact that you have a repossession on your credit report is not a determining factor of whether your can file for bankruptcy. Generally in bankruptcy you can remove the debts from the repossession of your vehicle.
For Experian, a voluntary repossession will remain on your credit report for seven years from the original delinquency date of the debt.
Yes, there is no difference. A repossession is a repossession.
No.
neither looks good on your credit.
Yes, but perhaps not as adversely as an involuntary repossession.
Neither is good. However, a repossession does less damage and is removed from your credit report within less time than a bankruptcy.
You present proof that the repossession never occured. You can dispute it with the credit reporting agency.
YES, on a CR, a repo is a repo.
7 years.
Any repossession will negatively impact your credit. Organizations using the credit report do not differentiate between voluntary and non-voluntary. Rather, the organizations see that you were not responsible with credit and what you purchasd needed to be taken away. Generically, a repossession is considered the same as a chargeoff or writeoff, so the impact on the credit score may be anywhere from 50 to 200 points, depending on one's personal credit situation.