“It has never been harder to rebuild after bankruptcy. We have developed a systematic approach to post bankruptcy recovery that can be applied in today’s credit and financial markets, says Brian Yanks, Chief Operating Officer, Credilife®, Inc.
Fort Lauderdale, FL (PRWEB) June 17, 2010
So many Americans have felt the effects of a weak economy. Whether it was the loss of a job or a reduction in pay, they found themselves in a situation where they were unable to meet their financial obligations, something which seemed unimaginable. This led them to the reprieve of the legal system in the form of bankruptcy relief in an effort to find a solution to mounting financial problems. Once they have been through the bankruptcy proceedings, they find themselves searching for a new beginning. This may be more challenging then the decision to file bankruptcy in the first place. What system is in place for individuals post bankruptcy? People know that they need to rebuild their credit rating, but what does this mean and how do they go about doing it?
An innovative new company has a fresh approach to post bankruptcy financial re-establishment. Credilife®, Inc. has created the First-Aid Financial Kit™, which was specifically designed to get individuals back on the path to financial recovery after bankruptcy. The kit provides an educational platform, personal support and two (2) credit lines so that individuals can actually establish new credit with the credit bureaus. The first credit line is an installment loan which is used to finance the purchase of the First-Aid Financial Kit™. After making six (6) on-time payments, you will automatically be approved for an unsecured revolving line of credit in the amount of $1,000.00, which will also be reported to the credit bureaus. This means you will have two different types of credit reporting to the credit bureaus. There has never been an opportunity to build credit so quickly after bankruptcy, until now.
“It is now harder then ever to rebuild after bankruptcy. We have developed a systematic approach to post bankruptcy recovery that can be applied in today’s credit and financial market. Our clients are people who never had problems with credit or their finances in the past, but due to recent circumstances are now faced with the task of getting back to their pre-bankruptcy financial stature. We give them the opportunity they need to achieve this task,” says Brian Yanks, Chief Operating Officer, Credilife®, Inc.
Click here for more information about Credilife®, Inc. or visit http://www.Credilife.com .