Many people think that by filing for bankruptcy, they will have bad credit for the rest of their lives. In fact, it is possible to start rebuilding your credit shortly after filing for bankruptcy. The experienced bankruptcy attorneys at the Arizona Law Group of Trezza & Associates, LLC, can advise you on the steps you need to take to rebuild your credit after filing for bankruptcy in Arizona.
To discuss your specific circumstances with Arizona bankruptcy attorney Stephen Trezza, contact us to schedule a consultation.
Five steps to rebuild your credit:
- Apply for new credit cards: After filing for bankruptcy, you should be able to obtain a new credit card, perhaps a secured credit card. Use this new line of credit to make payments for food, gas and other necessities. Pay your balance in full every month and in time, this credit card will provide a positive impact on your credit report.
- Dispute inaccurate items on your credit report: It is important to be familiar with all the items on your credit report and to dispute those that are inaccurate or out of date.
- Get a co-signer: If you need a loan for a big purchase, you are more likely to obtain the credit you need by having a trusted friend or family member co-sign on the loan for you.
- Pay on time: Bankruptcy gives you a fresh financial start. To make the most of this chance, it is very important to pay all your bills on time.
Contact Us to Learn More About the Bankruptcy Process in Arizona
Every case is different, so it is important to discuss your situation with a Phoenix bankruptcy lawyer before making a decision. Contact us to discuss your options. We represent clients from Phoenix, Tucson and throughout Arizona.
