Building Credit After Bankruptcy


If you have gone through or are going through bankruptcy, you may be hearing conflicting reports on how you can return your life to normal and begin rebuilding your credit. Friends, relatives, and coworkers may offer tips and advice that may or may not be relevant to your particular case. However, there are many myths circulating about what you can and cannot do to help your finances after bankruptcy, so you need to be sure that the information you receive is reliable. Any financial decisions made at this juncture could affect you in unanticipated ways.

California Bankruptcy Lawyer, Bankruptcy Lawyers In Delaware, Bankruptcy Lawyers In Columbus Ohio,

Can I get a credit card after bankruptcy?

Actually, you can obtain a credit card just a few months after your bankruptcy is finished. If you have been careful and you have paid all your monthly bills, you could obtain a line of credit up to $500. As you start to build credit from paying bills and paying off your credit card balance, your credit score will go up and you will be able to qualify for higher lines of credit. Bills that are important to stay current on for the sake of your credit score include:

Electricity Water Internet Cable Rent Mortgage
As you establish financial stability in your life, you will notice your credit score rise and the evidence of your bankruptcy fade away. Although bankruptcy will have an effect on your life, it is not a permanent effect, and it is certainly something that you can move past with responsible spending habits. An experienced bankruptcy attorney can help you identify ways you can positive impact your credit score following a bankruptcy filing.


US Bankruptcy Code

Is Bankruptcy Right For You? Talk to Bankruptcy Attorneys Free and Confidential. Licensed bankruptcy attorneys are available. Attorneys will call you to discuss your case for free. Find out if bankruptcy is right for your situation.

Rating of US Bankruptcy Code




Get Online Application at online Bankruptcy Lawyer.

0 comments:

Post a Comment