After bankruptcy, there are a number of things that you can do in order to improve your credit and get back on your feet again. Here are a few steps to take after bankruptcy.
1. Secured Credit Card
When you file for bankruptcy, you need to try to open up some credit lines again and build back your credit. However, you most likely will not be able to get a traditional credit card or open up any other credit accounts. You should be able to open a secured credit card. This will allow you to put money into a bank and the bank will issue a credit card attached to that account. The credit line is secured by the money that you have already deposited.
If you still have your car and you have been current on the payments, you might want to consider signing a reaffirmation agreement with your car lender. This is an agreement that says you are going to continue making the payments and is simply a sign of good faith for the lender.
3. Make Payments
The most important thing that you can do is always make your payments on time. This will have a very positive effect on your credit score.