(for Riverside/San Bernardino Counties)

Do These 3 Things to Get Ahead Financially After Filing for Bankruptcy

do-these-3-things-to-get-ahead-financially-after-filing-for-bankruptcyFollowing are three main strategies you can use to build your credit after bankruptcy and improve your financial condition. Furthermore, these strategies will also help increase your chances of being approved for credit cards, auto loans, and home loans despite having a bankruptcy on your credit report.

Strategy #1: Apply for credit the right way

This first thing you need to do after filing for bankruptcy is to apply for credit where your chances of getting approved are quite high. Also it is recommended that you make the payments on time. Even though it seems pretty straightforward, most individuals still struggle with it because they apply for credit the wrong way. Keep in mind that the whole purpose of getting a loan or credit card is to get ahead financially and rebuild your credit history after bankruptcy.Also be very careful about inquiries as too many inquiries can hurt your credit score and prevent you from getting ahead financially.

Strategy #2: Add years of positive credit history to account

Adding years of positive credit history to your credit profile is another useful strategy you must utilize after filing for bankruptcy. When it comes to this, you can add various new positive items to improve your credit report, and over time your credit score will begin to grow. This is a strategy you will want to consider if you want to get ahead financially after filing for bankruptcy.

Strategy #3: Clean up obsolete and inaccurate information on your credit report

Cleaning up obsolete and inaccurate information on your credit reports is very critical, especially after filing for bankruptcy. To do it yourself, you will need to know exactly what to do. And if you are having trouble doing it than there are numerous credit repair companies out there that can help you in this regard. Generally, there are 3 main ways to dispute information on your credit report. There’s a certain way you need to request your reports if you want to correct errors on your report FAST.

For example, you may have some charge-offs or collection accounts on your credit report that don’t belong there. In order to determine if that’s the case or not, you will need to know what to look for and how to dispute such items if they exist. Keep in mind that you don’t want any obsolete or inaccurate information on your credit report when it comes to getting ahead financially after filing for bankruptcy.


In conclusion, there are a number of ways to repair your credit report and get ahead financially after filing for bankruptcy. No matter what strategy you use, it will be worth it. If you follow the above mentioned strategies, you are on the path to being able to save on unnecessary finance charges and extra interest when it comes to lines of credit and future loans.

The Travis Law Firm provides professional legal representation for Chapter 7 & Chapter 13 bankruptcy services for residents of all cities in Riverside and San Bernardino Counties. We have offices in Riverside, San Bernardino, Victorville, Temecula, Cathedral City and Ontario for the convenience of our Inland Empire, High Desert, and Coachella Valley clients. For more information about our bankruptcy law services and other legal representation, call us today at (951) 274-9501 or (951) 274-9501.