Rebuilding Your Credit After Bankruptcy

Yes, You Can Improve Your Credit Score – Faster Than You Think

One of the biggest concerns people have about filing bankruptcy is their credit score. But here’s the good news: bankruptcy can actually help you rebuild credit faster than staying in debt.

How Bankruptcy Affects Your Credit

If you’re struggling with late payments, collections, and high debt balances, your credit score is likely already suffering. Filing for bankruptcy wipes out your debts, giving you a clean slate to rebuild.

Many people see their credit score start improving within months of filing. Often, many clients qualify for new credit cards and car loans shortly after receiving a bankruptcy discharge.

Steps to Rebuild Your Credit After Bankruptcy

Here’s how you can start improving your credit right away:
✔ Check Your Credit Report – Make sure debts discharged in bankruptcy show a zero balance.
✔ Pay Creditors on Time – On-time payments are the biggest factor in your credit score.
✔ Apply for a Secured Credit Card – This is an easy way to start rebuilding credit safely.
✔ Keep Balances Low – The lower your balances the better. Try to use less than 30% of your available credit limit.
✔ Be Patient & Consistent – Credit scores improve steadily when you follow good habits.

Bankruptcy Is a Fresh Start – Not the End

Many people believe bankruptcy ruins their financial future, but the truth is, it gives you the opportunity to rebuild. With the right steps, you can enjoy a stronger credit score and financial stability much sooner than you think.

Have Questions About Your Credit? Let’s Talk.

If you’re worried about bankruptcy and your credit, let’s discuss your options. I offer a free introductory phone consultation to help you make the best financial decision.

📞 Call Today: 209-800-6292
Email: eric@seyvertsenlaw.com

📍 Offices in Stockton & Sacramento

• Stockton: 120 North Hunter Street #307, Stockton, CA 95202
• Sacramento: 3112 O Street #10, Sacramento, CA 95816