CALL NOW!
FREE PHONE/VIRTUAL CONSULTATION

How Do I Re-Establish My Credit After Bankruptcy?

Most people who are contemplating filing for bankruptcy, who are in the process of filing for bankruptcy, or who have already filed for bankruptcy are concerned about how bankruptcy will affect their credit report and their ability to obtain credit in the future. While it is true that the bankruptcy will remain on your credit report for 10 years, there are effective methods that, when used responsibly, can aid in the process of minimizing the effect of the bankruptcy on your credit.

At the Tampa Bay Law Offices of Robert M. Geller, P.A., our attorneys are compassionate professionals who understand the seriousness of filing for bankruptcy and the impact this decision will have on each client’s credit. In addition to providing individualized advice and representation through all phases of the bankruptcy process, our lawyers provide clients with the resources necessary to responsibly, efficiently, and effectively re-establish credit after filing for bankruptcy.

Post-Bankruptcy Tips to Re-Establish Your Credit

  • Review your credit report to ensure debts discharged in bankruptcy are no longer listed and to verify other errors are not listed. It is important to send written notification and a copy of the Bankruptcy Discharge and Schedule of Creditors to the three credit bureaus ( Experian, Equifax, and Transunion). Otherwise, debt obligations from which you have been legally released will incorrectly remain on your credit report.
  • Use credit cards responsibly. Many people are uneasy about using credit cards in the wake of filing for bankruptcy. However, one of the most effective methods to re-establish trust is to demonstrate your ability to use credit responsibly, including through responsible use of either an unsecured credit card or a secured line of credit (which you may be eligible for within one to two years after filing for bankruptcy). It is essential not to max out credit cards and to ensure all statements are paid on time, if not early. Many people find that joining a credit union and remaining an account holder in good standing enables them to become eligible for lines of credit through the credit union sooner than they would otherwise have become eligible through other avenues. Always try to utilize credit options where the creditor reports to the credit bureaus.
  • Pay your bills responsibly. Whether paying monthly utility bills, rent, child support payments, newly acquired credit card bills, school loan payments, or even payments made under your Chapter 13 repayment plan, it is critical to always pay your bills on time, and early if possible. Make certain that checks will not bounce, because that too can be reported to the credit bureaus.

View the following for additional information:

Contact an Experienced Tampa Bankruptcy Lawyer

Attorney Robert M. Geller is a certified specialist in Consumer Bankruptcy Law by the American Board of Certification *. For additional information or to arrange a free initial consultation, contact our Tampa, Florida, law firm. Call us at 813-254-5696 to schedule a free initial consultation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

* Accredited by The Florida Bar to certify lawyers in the specialty area(s) of consumer bankruptcy law.

Tampa Bankruptcy Law Blog

What Happens to the Property I Lose in Bankruptcy? Some Bankruptcy Assets Might Be Protected in Your Favor

Bankruptcy Assets One of the biggest fears people have about filing for bankruptcy is losing their possessions. Many people avoid...
Read More

3 Bankruptcy Tips To Prevent Your Case From Going Off The Rails

Bankruptcy Tips Bankruptcy is one of the most powerful tools you have for improving your financial situation. Unfortunately, it sometimes...
Read More

Can I File for Bankruptcy from Home after a Creditor Files a Lawsuit against Me?

Bankruptcy from Home Have you been served with notice that a creditor is suing you for repayment of a debt?...
Read More

Can I File for Bankruptcy without My Spouse?

Bankruptcy without My Spouse Bankruptcy is an option for single people or married people to get their finances back on...
Read More

Am I Eligible for the Same Benefits If I File Bankruptcy from Home?

Bankruptcy at Home Filing for bankruptcy is one of the best ways to get relief from debt. Not only does...
Read More

Help! A Credit Card Company Won a Judgment against Me!

Judgment Creditor Having a credit card company file legal action against you is nerve-wracking. It only gets worse if they...
Read More

How We Can Help You Improve Your Credit Score after Bankruptcy

Improve My Credit Score A solid credit score is an important tool that helps you in many ways. Unfortunately, just...
Read More

3 Ways You Can File for Bankruptcy

Ways to File for Bankruptcy Filing for bankruptcy is one of the best ways for many people to get their...
Read More

5 Benefits of Filing for Bankruptcy from Home

Filing from Home Filing for bankruptcy from home is one of the best ways to get your financial life back...
Read More

3 Tips to Help You File for Bankruptcy at Home

File for Bankruptcy at Home It might surprise many people to learn that you can file for bankruptcy from home....
Read More

Bankruptcy

For The Next 5 Days GET A FREE BOOK About Bankruptcy

Learn More

Infographics

We are A Debt Relief Agency.
We help people file for bankruptcy under the Bankruptcy Code

Pay Online Bankruptcy Courses Newsletter Subscription

NACBA Logo comodo avvo1 avvo2 avvo3 LEA BBB Logo RG Seal

Call For A Free Initial Consultation

813.254.5696

Tampa Office

Law Offices of Robert M. Geller, P.A.
807 West Azeele Street
Tampa, FL 33606
T: (813) 254-5696
T: (800) 853-7549
F: (813) 253-3405

Map And Directions

St. Petersburg Office

Law Offices of Robert M. Geller, P.A.
125 5th Street South
(Wells Fargo Financial Center)
2nd Floor, Suite G
St. Petersburg, FL 33701
T: (727) 532-3939

Map And Directions

Pasco Office

23526 State Road 54
Lutz, FL 33559
T: (813) 336-2320

Map And Directions