Why You Need to Check Your Credit Report After Bankruptcy
January 1, 2012 10:12 pm FinanceOnce you’ve gone through the rough process of discharging your debts the last thing you want to do is look at anything financial, but sadly it’s also the thing you need to do the most. After bankruptcy you’re in a rough place with your credit and it’s up to you to work on improving it. While this won’t age off of your report for a long time, you can have a decent rating in as few as two years with a great plan for improvement. That won’t happen, though, unless you check your credit report, hopefully about a month after you discharge your debts. This is because you need to check that your old debts have been marked as included in bankruptcy-you’ll need to contact companies if they haven’t made those changes. And you’ll want to keep checking your report after this point, to see your progress as you work on improving your credit.