Am in the process of CH7 bankruptcy. Will be (hopefully) reaffirming mortgage, 2nd mortgage and auto. I read a lot on here about rebuilding and am wondering what I should do. Are there any good FAQs about this? I'm thinking the first step would be to get one of the secured credit cards and start building that way?
I am ni the same boat you are. We go to court for our Chp 7 on Dec. 4. As soon as it is discharged I am applying for one of the secured cards. I've read up on quit a few of them, and am leaning towards the American Online card, below is a post directly to the page (I hope it works). The second post below that is for the Bayhouse Forum, there is a lot of good advice there as well. http://www.apbank.com/021_scc.html http://www.bayhouse.com/discus/messages/123/655.html?962170897 Good luck to you! I do have a question for you, I've been advised that we would not want to reaffirm our Mortgage or vehciles. Can you shed some light on why you want to, it's still a little confusing to me. thanks! Missi
On this forum you will find an excellent primer: http://consumers.creditnet.com/straighttalk/board/showthread.php?s=&pgnum=1&postid=257823#post257823
