best way to re-establish credit during bankruptcy?
455065
Re-Establishing Credit\nFiling for bankruptcy will negatively affect your credit history. You may find it difficult to get a new credit card. However, you might be able to obtain a secured credit card when your bankruptcy is final. Even people with damaged credit may be able to obtain a secured credit card by depositing money in a savings account. Your line of credit on a secured card usually is the same as the amount of money you deposit.\n\nIn recent years, some credit card companies have started to offer new credit cards to people who recently filed for bankruptcy because they know that people who have filed for bankruptcy cannot file again for several years. These offers are likely to be for credit cards with very poor terms, such as high interest rates and penalty fees. Be very careful about responding to such offers.
1020972
check your credit report to make sure everything you filed was removed and\nthe only thing it should say is chapter 7\ndischarged. And then make sure you pay all\nbills on time at least 6 months in a row before\ntrying to get credit.
159997
You would want to get in with a company that is non profit as you stated in your question.  Other companies charge you a fee for doing this for you, as much as 50.00 a month.  Consolidated Credit Counselors is a company I used before the only problem I had with them is the agreement they have with the issuing banks it to make payments that is 5% of what you owe.  That was too high for me so I had no other choice but to do a bankruptcy.  In time your credit rating will improve.  But by taking action and just not walking away will definately improve your credit rating.
37858
Most financial institutions these days have what they call "second chance" loans especially for those who have bankruptcy on their credit. If thats the only blemish on your hurt credit report then chances are they may be able to help. It is at a much higher interest rate but it is worth it to rebuild your credit and oh ya, by the way here is a tip for ya. If and when you do get a loan, pay the payments and take a long time to pay them off.\nYou see, the issue here is not that you paid in full but that you can show a good and faithful payment history. If they begin to see faithfull payments regularly then it out does the bankrupsy. most people make the mistake of paying something off too early and it shows a lack of payment history. So the best thing to do is stretch those payments out as long as possible so you can develope and good long payment history. It'l help especially if you ever go to buy a home.
1043013
I would avoid the bankruptcy, if it's at all possible.  You will probably need business credit to get your new repair shop up and running, and the BK will trash your chances at that (or make it really expensive).  Considering your relatively low amount of debt and what sounds like a very good record of making payments, you can probably just work something out with most of the people you are supposed to pay next month.  If not, you will have some blemishes on your credit, but it will not be so ruined that a BK is needed.  You will survive being a little bit late, if it comes to that.\n\nAre you able to file Chapter 7? Sure.  Almost anyone is.\nShould you? No.  You have other options that you should explore first.\n\nGood luck, and try to keep a positive outlook.
334203
Once your bankruptcy is cleared, make sure that the credit reporting agencies, all 3 of them delete the bankruptcy completely from your credit report. Do not have alot of inquiries on your credit report, (ie: credit card applications, new car applications, furniture etc.) Inquiries lower your score. Alot of places want to run credit reports on you when u go to buy something, DON'T LET THEM UNLESS U REALLY THINK U MAY BUY FROM THEM. Always pay your bills on time, in advance or completely off as soon as u can. All of this looks good on a credit report. It will take awhile for your report score to go up, but remember when it does go up, the better rates you will get on almost anything u would want to buy especially the really big purchases car or house.
273617
Okay heres the truth:\n\nOnce you file for bankruptcy, your credit is done for a bit. Any new bills YOU MUST PAY OFF RIGHT AWAY, no collections... make sure NOTHING IS LATE EVER!!! You will need to wait a while before you can begin to get and rebuild credit. It has been about a year now so we can start (the Bankruptcy will be reported to your CR (credit Report) for 7 years)\n\nGet affordable things: NO CREDIT CARDS!!!! not yet\nmy sugesstion is get a cell phone for a years contract- DO NOT BE LATE EVER (EVEN BY A DAY) on your bill and py the full due amt always. This will be reported on your c/r that you have a revolving account (an account that is reoccuring every month) that you pay on time always! After 6-8 months you may wnat to consider getting a sears card and buyg somthing small (around 100 dollars) and taking 3 months to pay it off- Pay over the min balance everytime- and then on the 3rd month pay it off. this will show positivly on your credit report. Stay slow and small- keep it affordable and don't be late on you movie rentals, rent, morgage, power phone, cable... PAY ON TIME always and more than the minimum balance... in 2-3 years you'll have a report that will hopefull over shadow that Bankruptcy.\nalso only check your c/r once a year everytime you check it or have somone else check it, it lowers. you can check it free once a year by going to www.annualcreditreport.com\n\n-hope that helps
666472
Why in the world would you want to get back into debt after declaring bankruptcy!  Stay away from loans and credit cards, that's probably what got you there in the first place!
812214
Please contact the local bar association for a referral to a bankruptcy attorney.  Consult with that attorney for accurate answers to your questions.
1173074
call them all and set up payment plans\n\nor talk with a credit counseling/debt consolidation company\n\nbest of luck
678913
It is impossible to suggest a best course of action without knowing the specifics of your situation, and I would not suggest disclosing specific personal financial information in such a public forum. However, you do have more options:\n\n1. Consumer Credit Counseling (debt management plan)\n\nThis option should not impact your credit score, but most credit card companies add a flag or note on your credit file to inform anyone looking at your file about your enrollment in a debt management plan (provided by a CCC agency). This may prevent your from getting a loan (but, you shouldn't be looking for a loan if you already drowning in debt, anyway). Only use government-approved CCC agencies (see link below).\n\n2. Debt Consolidation (mortgage refinancing)\n\nThis should only be used by someone who can restrain themselves once all that debt is moved off of their credit cards. Often, newly available credit card balances are so tempting that people who move their unsecured credit card debt to a secured mortgage will run up new credit card debt (and lose their home when it gets too much to handle).\n\n3. Debt Settlement (debt negotiation)\n\nDebt settlement is when you (or a professional debt negotiator) negotiates a reduced-balance settlement to satisfy a debt. This should only be used by people who cannot afford a debt management plan (CCC) and who also want to avoid bankruptcy and who are willing to repay their debts according to their financial ability. The process of saving up and negotiating debt settlements is typically damaging to your credit score, so keep this in mind if you consider this option.\n\n4. Bankruptcy (Ch. 7 or Ch. 13)\n\nWhile the creditor-supported bankruptcy law that was passed last year is designed to make it more difficult to cancel your debts through Chapter 7 bankruptcy, bankruptcy is still an option. You need to understand the difference between Chapter 7 (essentially, total erasure of debts) and Chapter 13 (a court-structured repayment plan).\n\n5. Self-Managed Plan\n\nYou may be able to pay off your debts if you are able to cut back on spending, use a tighter budget and stick to an accelerated repayment plan. This process involves paying the minimum monthly payments on all accounts except your highest interest account. On that account, pay more (as much as you can). Once that is paid off, apply the amount you were paying towards that account on top of what you are paying to the next account (ranked by APR). Repeat this process until all debts are paid off. While you do this, continously negotiate with your credit card company to lower your APR (be sure to threaten a balance transfer to another account and be ready to transfer if they refuse to give you a break). \n\nAgain, it is not an issue of which is better. It is an issue of which is better for you considering your specific situation, concerns and goals.
781062
First I would consider consolidation so you can have one monthly payment on everything or refinancing to see if you can lower your payments and if that fails then there are two types of bankruptcy chapter 7 where you get to keep everything and still pay payments but just really low payments and then there is chapter 13 where you have to give everything up and totally wipe out all of your debt.  But chapter 13 really needs to be your last choice because its kinda hard to start over with a chapter 13.   Hope you figure this out and may god bless you.
435787
Be carefull with any credit repair agency.  Alot of times you will end up with a lower credit score when it is all finished. Just sleep with one eye open with all these companys.
297451
first you have to go through credit correction.   Get your F.I.C.O. score back up and then worry about getting loans.  The fact that you filed for bankruptcy will have no affect on wether or not you can start a business.  Forget about the bankruptcy and get your credit back in order.
1125032
A tough lesson from the School of Hard Knocks.\nHopefully, others will learn from your mistake.\nAlso know that the sooner you begin to make good payments on your credit lines and the longer you continue those good payments, the better your score gets.\nYou should get a copy of your credit bureau report and go through it with a fine tooth comb just to make sure there are no errors that may be costing your points on your score.\nIf you can improve your score even 10% that's good.\nAlso, if you had any bankruptcys 6 years ago, you just need to hold on one more year.  In most cases, they come off after 7 years.
210430
Please check the links I have listed below. They will help you sooooooo much on your journey to reestablish credit. There is a listing for bankruptcy friendly creditors as well as a fantastic group of ppl that have been in your shoes to help you with each step of the way.\nFirst I recommend you get copies of your credit reports and check them over for accuracy. You want to have a good idea of what's on your reports since bankruptcy so you know where to go from here. Good Luck!
998414
#1) Pull all your reports. Not online, request actual physical copies. They usually contain more than what an online report does. This will give you a start on where you need to go with your reports. Also, keep them. Never toss them. They are proof later on if you need them to refer to if you ever get into a legal situation regarding your credit (lawsuit etc). You can get your first set free on an annual basis at annualcreditreport.com.\n\n#2) Dispute. Dispute anything that is not correct including, balance amounts, lates, etc. If you have only one or two lates, I would call your creditor and see if you can get them removed via goodwill gesture, or send a goodwill letter. You can find some great letters on some of the credit boards like creditnet.com and creditboards.com.\n\n#3.) Collections? If you have any collections on your account or anything that should not be there, send a DV (debt validation) to the creditor asking to prove the debt. If they cannot, they have to remove the debt off of your report by law.\n\n#4.) You have rights - check out http://www.ftc.gov/os/statutes/031224fcr... for more info.\n\n#5.) check out some of the posts on creditnet.com and creditboards.com for assistance. \n\n#6.) If you have no credit, or want a temporary boost - have a family member or really (really, really, really) close friend add you in as an authorized user on their credit cards. Make sure the balances are not high, otherwise this could hurt you more. The higher the available credit, the more your utilization will go down on your report - therefore bumping your score.\n\n#7.) Avoid unnecessary inquiries. Hard pulls can hurt you, so avoid applying for new credit cards unless necessary.\n\nThis of course is a shortened version of things you can try. Research info on those links I provided you. You can increase your score spending just a short amount of time per week, sending letters to creditors etc. I increased my score over 100 points in less than 6 months. Depending on your situation, this could take shorter or longer time, but at least you have somewhere to start. Good luck!