With a bankruptcy, particularly a Chapter 7, you begin to build credit the day after your bankruptcy is over. Every day that goes by is another day farther from your bankruptcy and a day closer to better credit.

Many clients are surprised to learn how easy it is to get certain kinds of credit, sometimes immediately after bankruptcy. And while we don’t advocate digging yourself into a credit hole after you’ve gotten your Chapter 7 discharge, it is wise to start having some credit, and paying it off timely on a monthly basis to build your credit back up.