What Happens After Filing For Bankruptcy?

According to Stretto co-President Scott Barna, bankruptcy isn’t the end—it’s a new beginning. “Once the bankruptcy process is complete, individuals can rebuild their credit score in a matter of only a few years by taking some important steps and actions,” Barna shared in an interview with Debt.org. His advice? Stay current on all bills, pay off any remaining debts not discharged in the bankruptcy, and—within six months—open a new line of credit and use it wisely. It’s a roadmap to financial recovery that starts with smart, steady moves.