What To Do After You Declare Bankruptcy

There are a few steps you can take to improve your credit score after a bankruptcy, although the bankruptcy itself can be removed from your credit report before the 7-10 year time period has passed, you should follow these steps to help improve your credit:

  1. Check your credit report for errors. Make sure that all the information on your credit report is accurate and up-to-date. If you find any errors, contact the credit bureau and dispute them.

  2. Rebuild your credit. After a bankruptcy, it's important to establish a good credit history. You can do this by getting a secured credit card, using it responsibly, and paying the balance in full each month.

  3. Pay your bills on time. Late payments can have a negative impact on your credit score, so it's important to pay all your bills on time, every time.

  4. Keep your credit card balances low. High credit card balances can also hurt your credit score, so try to keep your balances below 30% of your credit limit.

  5. Consider professional credit counseling or financial education. This can help you better understand how to manage your credit and finances going forward.

It's important to note that it takes time to rebuild credit, and credit scores will not improve overnight. Be patient and consistent with your credit rebuilding efforts. 

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. 

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