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Credit After Bankruptcy – How

1.  “Get over any shame, anger or frustration you may have regarding bankruptcy and your financial situation. These emotional issues can sometimes be the biggest hurdles.”  So wrote Justin Harelik for Bankrate.com on May 29, 2007.   He continues:

2.  Look at your credit report every four months, dispute prebankruptcy discharged debts, and see your attorney if you cannot succeed through the dispute process (or just want help with the process itself.

3.  Get one a high interest/low balance or secured credit card.  Charge your gas and pay it off in full every month.  Do not charge anything else!  If you cannot pay off the balance in full, immediately stop using the card until you have.

4.  See if you can get a second card.  Repeat Step 2. 

5.   Ask for a credit limit increase every six months.

Good luck.  Charge responsibly.

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