If you have to file for bankruptcy, it will stay on your credit report for 7-10 years.
The best way to repair your credit will be to start using your credit card to pay for necessary expenses and then pay your credit card bill off every month.
We understand the importance of having good credit ratings in our society. For example, if you are looking into buying a house or a car, we know how important a good credit rating will be in getting a reasonable interest rate.
After filing for bankruptcy, we advise that you take credit repair seriously; however, we recommend that you take it slowly and understand that it will be a long process as the bankruptcy will stay on your credit report for a long time.
After filing for bankruptcy, your goal will be to get your credit report clear so you can start over again. Once your credit report is clear, and that process could take a while, you will want to focus on rebuilding your credit, which will entail making sure that all of your bills and credit cards are paid off each month.
If you are looking at filing for bankruptcy, you must speak to a bankruptcy attorney as they will guide you down all of the correct steps you need to take to file a successful bankruptcy and assist you in getting your finances back in order.