Filing for bankruptcy is a powerful way to take back control of your finances and build a stronger future. While it can temporarily impact your credit, recovery starts sooner than most people think. Many of our clients qualify for car loans within one month, mortgages within two years, and reach a 720 credit score around the same time.
In this guide on correcting your credit report after bankruptcy, our attorneys at Walker & Walker Law Offices share how to correct your credit report after bankruptcy and set yourself up for long-term success.
You Have the Right to a Fair and Accurate Credit File
Your bankruptcy may stay on your credit report for up to 10 years, but that doesn’t mean your score will stay low that long. You have the legal right to make sure every detail on your credit report is accurate, including how your discharge is recorded. Ensuring your report correctly reflects your fresh start is an important step toward rebuilding your credit with confidence.
For example, an account may show as “open,” or “charged off,” or even “late,” even though it was part of your bankruptcy. Accounts may also have a pending balance. However, those totals should be zero once your case closes. You also want to ensure that only your accounts appear on your credit report. It is not uncommon for phantom accounts to appear in your file that may belong to someone else. This can occur through human error or even identity theft.
Steps To Follow To Correct Your Credit Report After Bankruptcy
We work closely with an attorney who specializes in correcting credit reports after bankruptcy. About 90 days after your discharge, get a free copy of all three of your credit reports from Equifax, Experian, and TransUnion, and gather your bankruptcy documents along with any account information you wish to review.
From there, we can connect you with the attorney who will handle the dispute process directly with the credit bureaus to ensure your report accurately reflects your bankruptcy. Our team will be available to answer questions and support you throughout the process.
Reach Out to an Attorney Who Knows How To Dispute Credit Report Errors After Bankruptcy
Walker & Walker Law Offices serves our Minnesota community with passion and determination. Reach out to our legal team now for help correcting your credit report after bankruptcy.
Unexpected challenges can disrupt anyone’s finances, and choosing to take action was the right step. We are here to guide you with clear advice and practical steps to help you rebuild confidence and move forward after bankruptcy.