How To Fix Your Credit After A Bankruptcy

Here are the steps you can take to improve your credit score after a bankruptcy:

  1. Wait for the bankruptcy to be removed from your credit report: Bankruptcy filings typically remain on your credit report for 7 to 10 years from the date they are filed.

  2. Review your credit reports for errors: Review your credit reports from all three credit bureaus (Experian, TransUnion, and Equifax) to ensure that all information related to the bankruptcy is accurate. If you find any errors, dispute them with the credit bureau.

  3. Re-establish your credit: After a bankruptcy, it is important to start rebuilding your credit as soon as possible. You can do this by applying for a secured credit card or a credit-builder loan.

  4. Make your payments on time: Late payments can have a negative impact on your credit score, so it is important to make all of your payments on time.

  5. Keep your credit utilization low: The amount of credit you use in relation to your credit limit, also known as credit utilization, makes up 30% of your credit score. It's a good idea to keep your credit utilization below 30%.

Be patient! Rebuilding credit takes time, so be patient and consistent in your efforts. It may take several years before you see a significant improvement in your credit score.

Credit repair companies can help you to remove a bankruptcy from your credit report. Sky High Credit Repair is based in Las Vegas, NV, but we help repair credit nationwide. 
Back to blog