Rebuilding your credit after Bankruptcy is not as difficult as it may seem, but it will take time and effort.  The road may not always be smooth. Scam artists and unscrupulous businessmen will try to use your past misfortune to line their pockets. Credit card companies and car dealers will try to charge you higher interest — or deny you credit completely.  The most obvious thing to do is to pay all you current bills on time this is essential.  The next thing in my opinion is to start a savings account. Even if it is small it’s important to have something to fall back on . After you are paying your bills on time and have a little money in savings its time to start to repair you credit.  Most people think that once they filed bankruptcy and it is discharged all the bad debts in their past are erased.  The fact is the debts will still show on your credit report, and in most cases they say noting about the bankruptcy.  All that has happened is that the debtors have stopped trying to collect on the debt and your responsibility to repay is gone.  These are the steps that I follow when I repair credit.

1. Order your credit reports from all three credit reporting agencies

2. Go over your report line by line; item by item.

3. Write down a list of every error you find.

4. Now this is the tricky part you need to legally dispute every error.  You can do this yourself but you must remember that the CRA’s (credit reporting agencies) have set traps to make you fail.  That’s where I would recommend you find a reputable credit repair firm and have them help you challenge  your report.  They have the knowledge and experience working with the CRA’s and they know exactly how to remove the errors from you credit.  I use www.genuinescore.com they have helped hundreds of people fight the cra’s and remove negative items.

5. Now that you have cleaned up your credit report it is time to apply for your first loan.  This is where your savings will play a major role.  You need to go to your local bank and apply for a secured loan against you savings, this is an easy approval because the banks have nothing to loose.  The most important thing is to make sure they report the new loan to the credit reporting agencies.

 If you follow these steps you will be back on the road to great credit once again.

 Good Luck

Trevor Riggs