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Rebuilding Credit After Bankruptcy: Insights and Strategies

In this informative segment from LawCall Panama City, a caller named Linda inquires about the impact of bankruptcy on her credit record. The discussion clarifies common misconceptions about bankruptcy, emphasizing that it does not permanently destroy credit but rather offers a chance to rebuild it more robustly. Experts explain that while bankruptcy remains on your record for seven years, individuals often begin improving their credit score within 18 to 24 months by managing new accounts wisely. Tune in for more expert advice on navigating financial recovery post-bankruptcy and visit Perry & Young's Law Call Video Center for additional resources.