Credit After Bankruptcy

You can establish mainstream credit after bankruptcy in less than eight months. Whether you filed bankruptcy several years ago or last week, this book will show you how to make a dramatic and lasting recovery. Stephen Snyder and his wife, Michele, each had their Chapter 7 bankruptcy discharged in 1993. They were both so cash poor at the time that they had to borrow money from their families to file. Then, within eight months they mortgaged a home at six percent, leased two new cars, and obtained bank loans, major bank cards, start-up capital for a small business, and more; all using mainstream credit and without the aid of high-interest credit card companies. Today they give, save, and invest 30 percent of their income and live off 70 percent. They consistently maintain a debt-to-income ratio well below 20 percent. And, they are paying back their bankruptcy debt with interest.Snyder, Stephen is the author of 'Credit After Bankruptcy ', published 2007 under ISBN 9781891945106 and ISBN 1891945106.