Akron Bankruptcy Attorney
One of the most common misconceptions regarding bankruptcy is that it takes forever to recover from. This is scary as people worry about never being able to rebuild their credit, and have the opportunity to take out a home or auto loan in the future.
Contrary to this myth, the recovery period after a bankruptcy discharge continues to decrease, allowing people to rebuild their credit ratings in a relatively short period of time. At the law office of Vance P. Truman, Attorney at Law, we can help you file for bankruptcy and provide guidance on how to rebuild your credit after your bankruptcy.
Do not let the myths surrounding bankruptcy stop you from getting the fresh start you need. Call 330-441-4673 or toll free at 866-478-8097 for a free consultation.
Rebuilding Your Credit After Bankruptcy
In the months after your debt is discharged, you will likely begin receiving solicitations from lenders offering loans for a number of reasons. As you seek to responsibly rebuild your credit, keep the following tips in mind:
- Open a checking or savings account, so you can demonstrate your ability to handle money.
- Apply for a secured credit card linked to your account or a store credit card that can replace cash purchases, allowing you to make consistent, small payments.
- Be sure to pay your bills on time every month.
- Avoid payday loans and other forms of "easy" credit.
- Consider writing letters to credit reporting agencies explaining the situations that led to your bankruptcy.
To learn more about how you can file for bankruptcy and rebuild your credit after bankruptcy, contact us to schedule a consultation with bankruptcy lawyer Vance P. Truman.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
