Credit After Bankruptcy
Call Attorney Janet Mertes - (805) 291-4858
Filing for bankruptcy can have a detrimental effect on your credit for
several years. The negative repercussions however will slowly dissipate
with time, and in the interim, you can work on building your credit back
up. When you declare bankruptcy, make sure you also speak with a trusted
Ventura bankruptcy lawyer who can inform you of the damage done to your credit and how to get back
on the right track.
Law Offices of Janet L. Mertes, we believe every client deserves to be fully informed of their options
when struggling to manage their debt. Our firm can protect those being
harassed by collectors and can work to put a stop to wage garnishments
and bank levies. Let us work alongside you to counsel you through difficult
Rebuilding Your Credit
While your credit score will take a hit from filing bankruptcy, there are
concrete steps you can take to improve your score during the seven to
ten years before the bankruptcy stays on your credit report.
Proactive steps you can take to restore credit include:
- Get credit by obtaining and (responsibly) using a credit card
- Make any and all bill payments on time
- Avoid using a large amount of your available credit
- Check your credit score each year for potential errors
Taking these steps will keep your credit rating from falling any further
so that you can purchase a home or vehicle with your improved credit once
your bankruptcy is no longer on your report.
We take Your Financial Future Seriously
Practicing good money management which can include living according to
a strict budget can make you much better able to handle your money efficiently.
Our Ventura bankruptcy attorney can help you come up with a workable financial
strategy to rebuild your credit after filing for bankruptcy.
Discuss your financial situation today during a
free consultation—(805) 291-4858.