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Rebuilding Credit After Bankruptcy

Representation from Our Modesto Bankruptcy Attorney

So you filed for bankruptcy – now what? Many people do not know the next step to take in order to reestablish credit after they have filed for bankruptcy. If you are facing an uncertain future because of the financial complications that you have found yourself in, do not hesitate to contact Scott Mitchell Law Incorporated as soon as possible and retain the legal assistance of a Modesto bankruptcy attorney. With the help of our team, you can begin to rebuild your credit and ensure that you do not find yourself in the same financial situation again.

Build Rapport With a Credit Union or Bank
If you do not already have a bank account, it is important that you establish one with a local credit union or bank. In doing so, you can begin saving money and earning responsible spending habits through debit cards and bank credit cards.

Get a Credit Card
As crazy as this may sound, you need to start proving that you are a responsible credit user. Apply for a credit card, even a high interest rate card and start using to purchase necessities like groceries and gas. This can highly benefit your credit score.

Try to get a Retail Card
Some department stores and gas stations offer cards that help build credit. With each purchase that you are making, you are establishing credit. Each transaction is reported to major credit bureaus and can boost your overall credit score.

Pay off the Balance
If you are eligible at this time to receive a credit card, it is important to remember that old habits die hard – and if credit card debt got you in trouble the first time, do not forget to pay off your balance! Each statement, automatically pay back the balance to ensure that you are building credit and not putting yourself in a sticky situation again.

Know Your Credit Score
Although checking your credit score can sometimes actually lower the number itself, it is important to know where you stand. Every so often, look into your score through online companies or by working directly with a credit bureau.

Stick up for yourself!
When you receive your statements at the end of the month, it is not only important to payback the statement in a timely manner, but also to thoroughly review the statement for any charges that can be disputed. If something does not look right, speak up!

Budget, Budget, Budget
You can work with a credit advisor, financial assist or bank to ensure that you are budgeting correctly. Look at your monthly income, your necessary expenses and determine how to properly save and spend. This is a life skill that will get you far!

Build Your Credit Slowly

If you are considering establishing credit after bankruptcy, it is important that you work with an attorney as soon as possible. Our team of dedicated bankruptcy lawyers understands that each and every situation is as unique as the individuals involved in it and we do everything in our power to ensure that you receive the representation that you deserve to achieve the outcome that you need.

After filing for bankruptcy, many people feel nervous and upset over what their future may hold. When you work with Scott Mitchell Law Incorporated, you can rest assured that trusted and highly experienced Modesto bankruptcy attorneys who are fully versed in California bankruptcy laws will guide you throughout the entire bankruptcy process. If you have questions or concerns regarding the situation that you may be facing, contact Scott Mitchell Law Incorporated today and schedule a free case evaluation with a confident Modesto bankruptcy attorney.

Fees and Payments

Here at Scott Mitchell Law Incorporated, when it comes to fees and payments, we strive to be flexible with clients who are seeking legal representation. We offer payment arrangements, flat fee contracts, and traditional retainer agreements. We understand legal representation is necessary for all, and yet difficult for most to pay the fees all at once. Although we cannot guarantee that everyone will be able to hire us, we do promise to do what we can to make it possible for you to hire one of our attorneys to represent you.