If I file for bankruptcy how could I rebuild my credit?

Meet with someone experienced in this area. Offer to pay for their services. This information is priceless!

You build up your credit by making your payments on time, every month. And by not borrowing money that you can't repay. If you can do that for 2 years, your credit will be good enough to buy a house

I published a 10 part series on this topic, so I don?t feel I can adequately answer this question in the amount of space available in an on line forum other than to say that you should take what you learned from the mandatory classes the court made you take and learn to use credit wisely in the future.

You can restore your credit to something better than it as before filing the bankruptcyand it's really just good common sense. Make it a very strong obligationan almost religious dutyto pay on time every single bill you still have after the bankruptcy, such as rent or mortgage, utilities, and so on. If you do that for 24 to 30 months, and you still have a decent job, your credit score will increase substantialy. Even so, there will be some potential lenders who will insist on X years passing from the time of the discharge until they will grant credit. But if you try several, you are very likely to find at least one. In some cases you might be paying a higher rate of interest for two years or so, but after that time, if you have made regular payments consistently, you can often negotiate a lower rate.

A chapter 7 discharge can remain on a credit report for 10 yrs. It does not provide a guideline as to future credit which depends on your future income, assets and the type of loan you are applying for.