Repairing Your Credit

Bankruptcy is the first step to repairing your credit.  Once your bankruptcy has been completed, let Berry & Associates assist you in repairing your credit.  Here are some important tips:

  • Open up a new credit card account and keep it current. Once your bankruptcy is completed, open up a new credit card account as soon as possible.  This will help you start to reestablish your credit.
  • Pay your bills on time. This will help prevent creditors from adding new negative information to your credit report.
  • Pay more than the minimum amount owed. Because interest typically is running on your remaining balance, the more you pay above the minimum amount, the faster you will pay off the bill.
  • Do not keep more than two credit cards open. Too many open credit card accounts (even if they do not have any balances on them) can negatively affect your credit report.
  • Do not move around too often and stay at the same job. Stability is important in repairing your credit.  Creditors view you as more creditworthy after you have remained in the same place and the same job for a longer period of time.
  • Dispute incorrect or inaccurate information on your credit reports. By law, creditors and the credit bureaus are required to report accurate information.  You have the right to dispute any incorrect or inaccurate information listed in your credit report.  Creditors are required to back up every negative claim with documentation.  If a creditor cannot support a negative claim with documentation, the credit bureaus are required to remove the claim from your credit report.

Contact us

You need an experienced law firm to help you with your financial hardship.  Let Berry & Associates assist you in repairing your credit and establishing financial security. Contact us today.

Call the law offices of Berry & Associates now to schedule your free consultation at one our 11 Georgia offices. (800) 414-3328.