What happens when you have bad credit?

“Credit” is what exists between lawsuits and bankruptcies.

When an individual borrows money from a bank, the worst thing they can do to the bank is to file bankruptcy and remove some or all of their obligation to repay the bank. On the flip side, a bank can file a lawsuit against a borrower that has not repaid their loan. The higher the value of property, money, and assets an individual has in their possession, the more they have to lose.

Imagine this:

Jake owes thousands to his creditors. Jake is unable to pay them. Jake receives collections notices. Jake is currently unemployed, and is worried about how he will pay them back. The day he decides to get up and go to bankruptcy court, he receives a notice stating that his creditors are suing him.

A NIGHTMARE.

Fortunately, for Jake and others like him, there are ways to get out of this “Sunken Place” of the Credit World.

There are ways to recover from bad credit without having to file bankruptcy.

For those that know the rules of the game…that know how the system works, they can get their CREDIT BACK ON TRACK.

We can guide you along your journey to building a credit score you can be proud of here: recbusiness.com/personal-credit