As we all know, life is expensive. But often we contribute to the situation by spending what we don’t have or spending when we know can’t afford it. Recognizing the signs of living beyond what you can afford is the first step in fixing the problem.
Everyone who files for bankruptcy is concerned that their credit report will nose dive and never be repaired. While time will help, credit is important for the expensive things we need in life like a car or a home. To qualify for financing, you do need good credit. While bankruptcy does impact the credit score, there are a few simple ways that can dramatically improve your credit after bankruptcy.