Taking On Your Credit Report: Step One - Westgate Law

Call Now For a Free Consultation
Se habla Español

Taking On Your Credit Report: Step One

bankruptcy, southern california bankruptcy, filing bankruptcy, dealing with debt, westgate law, bankruptcy attorney, bankruptcy lawyer, southern california bankruptcy attorney, southern california bankruptcy lawyer, rebuild credit after bankruptcy, credit score, perfect credit after bankruptcy

The first thing you have to do when it’s time to restore your credit after bankruptcy is to access your credit. Pull your report and get a good understanding of where you are and where you want to go. What do I mean by that?

Step One: Pull Your Credit Report

(Caution: This will include your credit score).

This won’t be in your top 10 list of best moments throughout the course of your life. In fact, be prepared to have an unpleasant moment. The first time you pull your credit report after receiving your bankruptcy discharge, you will see that your credit score has dropped. Make every attempt to limit your frustration about the lower number to a moment or two. Then take a deep breath and move on – to the positive side of things. This new, lower number is just your post-bankruptcy starting point. Now you’ll get to watch as it gradually improves throughout the coming months/years. Make your goal a credit score of 720. This is attainable, but you’ll need to constantly remind yourself of your goal. Look at it this way – your score is probably the lowest (or close to the lowest) that it’s ever been. There’s nowhere to go, but up!

When requesting your credit report, access it from the three different credit reporting agencies so that you have the full picture to work with: Experian, Equifax, and Trans Union. You will need to put in the time and effort to clean up your credit report with all three credit bureaus.

The most commonly used report is Experian, but you still need to focus on all three to truly restore your credit and hit your goal of 720. You want your credit to be as clean as possible with all three credit-reporting agencies. To gain access to this information use a comprehensive site such as www.myfico.com. This type of site will provide the most accurate score from all three major credit-reporting bureaus.

If you have questions about how to get started restoring your credit post-bankruptcy we hope you feel comfortable contacting our experienced southern California bankruptcy attorneys at Westgate Law.

About the Author

Justin Harelik

Justin has a singular goal: to get people out of financial distress and move them to financial stability and prosperity. He does this by combining 15 years of in-depth experience in bankruptcy, credit management, debt negotiation and student loan modifications, and he does it with both English and Spanish-speaking clients.

Call Now For A Free Consultation

Scroll to Top