Credit Restoration Following Bankruptcy
We Can Help You Rebuild Your Credit
bankruptcy, you may wonder what steps you can take to restore your credit. Although
many think their credit is ruined forever, this, in fact, is not true.
A bankruptcy will remain on your record for approximately 7 to 10 years,
but the effects of it can start to be resolved soon after it is final.
A Chico bankruptcy attorney can assist you in determining the best course
of action in restoring your credit. By contacting
The Law Office of Nikki Farris, we can help you with information and steps to take in improving your credit.
While your credit score will take a hit as soon as your bankruptcy shows
up on your credit history, by beginning to re-establish credit immediately,
this will quickly begin to improve. It is also wise to review your credit
report to determine if there are any incorrect entries on it. This can
greatly affect your credit rating as well. Sometimes creditors will fail
to remove a derogatory remark from your record even after the debt has
been discharged in bankruptcy. Our firm can assist you in contacting the
firm and ensuring your report is accurate.
Fixing Your Credit in Chico and Butte County
Fixing your credit is not as difficult as it may seem. By applying for
small limit credit cards or department store cards and using them sparingly,
you can begin to re-establish credit. These should be used only for this
purpose, and repaid in full each month. A budget should be established
that will help you keep enough funds available to pay monthly debts in
order to improve your credit score.
Insisting that creditors accurately report your credit history and remove
all negative entries that are unwarranted can be accomplished with the
help of our office. Putting all of these steps together can put you back
on the path to restoring your credit.
Contact a Butte County bankruptcy attorney
to discuss what steps can be taken to restore your credit after bankruptcy.