Rebuilding your credit history after bankruptcy is an important step in reestablishing your financial health. Below are a few tips on how make the process easier:

1. After your bankruptcy is discharged check all three credit bureaus and make sure that the information on your credit report is accurate. All dischargeable accounts should read “discharged in bankruptcy” and no creditors should be reporting late payments if the account was discharged in bankruptcy. If you see any inaccurate information, including a wrong address, wrong accounts and incorrect account balances, contact the credit bureaus immediately to have the information corrected.
2. Do some research on which lenders extend credit to debtors after bankruptcy. Take the time to interview various lenders and ask them the following questions:
1. Do you approve debtors who have filed bankruptcy?
2. How long must a bankruptcy debtor wait before they can be approved?
3. What is the minimum credit score requirement for post-bankruptcy debtors?
4. Do you report to all three credit bureaus?
5. Do you know of any other reputable creditors that work with post-bankruptcy debtors?

Everyone wants a fresh start. We even tell others: “You deserve a fresh start” when they’ve gone through an extreme situation or emotional crisis. And yet most people continue to shy away from the fresh start that bankruptcy can provide. Why is this? Social stigmas about bankruptcy are probably the most powerful reason most people have from filing bankruptcy. We believe that it makes us a “bad person” or less than upright if we discharge our debt. I’m here to tell you that not only is that not the case, but that is exactly what creditors want you to believe so that you stay enslaved by their high interest rates and immoral practices forever.

If you are considering filing for bankruptcy, there are a few special circumstances where your best option would be to delay your filing.

The first is if you owe taxes that might become dischargeable in the near future, but aren’t currently dischargeable.

Second, if you are filing for divorce, are considering bankruptcy and you have an intertwined financial situation you should file for divorce before you file for bankruptcy.

Next, if you are expecting a huge tax refund, you should definitely wait until you receive it. If you file for bankruptcy first, the money will go towards any outstanding debts.

If you repaid debts to any family members within the last year, you should wait until a year passes since you paid them. If you don’t, the family member may have to pay back the money.

In conclusion, these are just a few situations where you should probably delay your filing, but you should speak with a bankruptcy attorney to find out what is right for you.

If you are considering filing for bankruptcy, there are a few special circumstances where your best option would be to delay your filing.

The first is if you owe taxes that might become dischargeable in the near future, but aren’t currently dischargeable.

Second, if you are filing for divorce, are considering bankruptcy and you have an intertwined financial situation you should file for divorce before you file for bankruptcy.

Next, if you are expecting a huge tax refund, you should definitely wait until you receive it. If you file for bankruptcy first, the money will go towards any outstanding debts.

If you repaid debts to any family members within the last year, you should wait until a year passes since you paid them. If you don’t, the family member may have to pay back the money.

In conclusion, these are just a few situations where you should probably delay your filing, but you should speak with a bankruptcy attorney to find out what is right for you.