How can I rebuild my credit score after filing for bankruptcy?
A common concern for people who are facing bankruptcy is whether they will ever be able to get a loan to buy a house or car again. Wiggam Law Office does not currently practice in the area of credit repair, there are numerous resources of varying quality available to help guide people through the process of rebuilding credit history after emerging from bankruptcy. After all, the point of bankruptcy is to find protection from creditors while fixing one's finances so that big goals like a house or car become more possible than they were before the bankruptcy.
One such resource comes directly from Equifax, one of the three major credit reporting bureaus. https://www.equifax.com/personal/education/personal-finance/articles/-/learn/rebuilding-credit-after-bankruptcy/
Essentially, a key piece of rebuilding your credit score is to prove that you can be responsible with access to credit in small ways and gradually build back up.
A free copy of your credit report is available once per year from each of the three major credit reporting bureaus (TransUnion, Experian, and Equifax) here: https://www.annualcreditreport.com/index.action
