I had a Chapter 7 Bankruptcy in 2001. My credit scores range from 550-624. How many points is a bankruptcy?

I have other negative marks on my credit reports, but I disputed most of them, and now it is just 2 or 3 on each on, no credit cards, just like unpaid doctor's bills and hollywood video. How much will my score go up when my bankruptcy goes off my record in 2011?

Public Comments

1. If you had paid all of your bills since you filed bankruptcy your score would be much higher now. The reason why your score is so low is that you have three bad marks on your credit and no or few positive marks. What you need to do is to pay the doctor bill and the Hollywood video bill and then start rebuilding credit by either financing a car or get a credit card, but only charge gas or some other small expense on it and pay it off each month. You need to prove to creditors that you have learned your less from filing bankruptcy, that you now know how to handle money and pay your bills. Then your credit score will slowly increase.