You need a comprehensive plan to rebuild your credit so that you go on to financial stability and don’t end up back in debt. Once your debt has been discharged in bankruptcy rebuilding your credit and moving forward with your life post-bankruptcy should be a priority.
You need to be prepared with a plan to rebuild your credit after bankrutpcy. As part of your Riverside bankruptcy and as part of our services, we provide our clients with an an in-depth detailed program to rebuild their credit one step at a time. Generally, building credit takes common sense, time and diligence, however as bankruptcy attorneys we can give you guidance so you know what to expect and have specific advice in which to navigate your future and rebuild good credit.
We can provide you with information you need to start repairing your credit immediately with each of the credit bureaus. With our advice you can develop long term financial security free from debt with a good credit score so that you can qualify for home and car loans.
If you exercise diligence in re-building your credit, your ability to get loans at a reasonable interest rate, increases over time. Shortly after your case is completed, generally 180 days, you probably will start receiving credit card offers, and loans at very high interest rates. As you follow our plan and time passes you should begin to qualify for lower interest loans around 6 to 18 months after bankruptcy. Around the 6 to 18 month mark mortgage lenders may be willing to give you a home loan albeit at a very high rate. By continuing to follow our plan you may be able to qualify for lower interest home mortgages after around 36 months.
