09-12-2012 08:14 AM
I have no personal experience w/ BK, but from seeing some posts on this forum I know it's possible to have a respectable score relatively quickly after BK--maybe not 700, but who knows? Difficult to say what precisely is in your friend's credit file and there were no details about precisely when he hit the 700 mark. No information as to whether he started working on his credit as soon as possible or whether he felt he had to wait because he had filed BK and didn't think he'd get approved, etc. Mistakes on the credit file, thin file outside of the BK, etc. could make it a long stretch, as well.
I don't think it's a foregone conclusion that your score will be in the gutter for approx. 10 years just because of a BK, keep your chin up and stay on the straight and narrow credit-wise. Good luck!
Start: EQ 584 Feb2012 / TU 629 July2012
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