
Rebuilding Your Credit After Bankruptcy
Work with Our Los Angeles Bankruptcy Attorneys at RHM LAW LLP
Many people shy away from bankruptcy as a debt relief solution because they worry that it will permanently destroy their credit. They tend to forget the damage late payments, missed payments, and high debt continues to cause on that rating. While bankruptcy will remain on your credit report for 10 years, you can take steps to begin reestablishing your credit the day your debts are discharged in bankruptcy.
At RHM LAW LLP, we understand that you want to get back on track and rebuild your financial health on more solid footing. We can help you get there. Take the first step and call us at (213) 344-0043 to arrange a free consultation with our Los Angeles bankruptcy attorneys.
Declaring bankruptcy will have an impact on your credit rating. However, it is frequently the first step in rebuilding your credit score and getting on the right financial path. The worst day of your score is the day you decide to file. Financial rehabilitation begins the minute you file bankruptcy.
How to Rebuild Your Credit Rating
Many clients who come to us for assistance with either Chapter 7 or Chapter 13 bankruptcy find that they receive credit card solicitations only months after completing the process. Several qualify to finance a vehicle purchase soon after a discharge.
After your bankruptcy case is complete, there are some things you can do to actively improve your credit score. These include:
- Opening a checking or savings account
- Applying for a secured credit card
- Paying your mortgage, rent, utility, and secured credit card bills on time
- Applying for store credit cards rather than paying cash
- Applying for a loan with a co-signer who has good credit
- Avoiding high interest payday loans
- Keeping your income to debt ratio low
- Paying your reaffirmed and, if you filed Chapter 13, debt repayment amounts on time
By taking steps to improve your credit rating, you may be able to see significant changes in a relatively short amount of time.
Serving Clients Throughout Southern California
When you are ready to make a fresh start, contact RHM LAW LLP. Our bankruptcy lawyers in Los Angeles will thoroughly explain the process and give you tips about how to rebuild your credit rating after the discharge. From our two convenient office locations, we work with clients throughout Southern California.
Se habla español. Payment Plans Available
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Call (213) 344-0043 or contact our firm online to schedule your initial consultation.

RHM LAW LLP
Meet Our Los Angeles Bankruptcy Specialists
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M. Jonathan Hayes Senior Counsel
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Matt D. Resnik | Partner Partner
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Roksana D. Moradi-Brovia | Partner Partner
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Russell J. Stong III | Associate Attorney Senior Associate Attorney, Los Angeles Office
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W. Sloan Youkstetter | Associate Attorney Senior Associate Attorney, Los Angeles Office
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David M. Kritzer Senior Associate Attorney, Encino Office

Client Reviews
What Clients Say About Working With Us
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I needed a bankruptcy attorney in Sherman Oaks and found Matt Resnik on Google. He has one of the best-reviewed bankruptcy law firms on Yelp so I decided to check it out his law firm for myself. I quickly found out that they are foreclosure specialists and they could help me with my issue. They made the process very easy for me and laid out my options for me. I cannot thank them enough for helping save my home. I would recommend them for anyone that is thinking about filing for bankruptcy or foreclosure on their home. They are the best bankruptcy law firm in Sherman Oaks.- Joseph R.
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I worked with David Kritzer at this firm, and he was great. He negotiated on my behalf with a credit card company and was able to settle with them for much lower than I could have on my own thanks to his knowledge and expertise in the field. If you have a debtor on your back go to him to get it taken care of.- Kelly S.
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I worked with Matt and his team for about a year to get through the paperwork shuffle and my personal experience was nothing short of fantastic. Legal situations have a tendency to get hairy, but Matt and his staff conducted themselves with professionalism throughout the whole ordeal. To keep it short, let's just say he under-promised and over-delivered. Rarely would I ever say this about an attorney, but overall he was just a great guy. I would not hesitate to have him on my side of the courtroom again. World market is right across the street from his office and I even decided to get his staff a thank you / holiday gift card. World market has excellent craft beer BTW, try the Einstock White Ale. They also validate parking. That just shows this isn't a fake review.- Dean C.
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Dear Mr. Resnik: We wanted to thank you for your professional handling of our loan modification with GMAC mortgage. We are very happy that you were able to accomplish the modification of our loan in such a short period of time. Thank you again for your professional service.
- W and B Mejia -
Matt is the best bankruptcy attorney in Sherman Oaks. I consulted with Matt over a chapter 7 bankruptcy. I had issues with overwhelming credit card debt after Chase increased it's APR for no reason. It set off a chain of events that were really hurting me. He made me feel like I had options, all was not lost, and I could rebuild my credit after the 7. I had some concerns about a piece of property I was having issues with and Matt also turned out to be a real estate lawyer as well! I recommend this office to anyone who is unsure of their financial situation. It doesn't hurt to find out your options.- Max B.
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Was very impressed with the comprehensive professionalism of the firm, especially Matthew Resnik... I had suffered through the incompetence of two previous bk lawyers not to mention fees far greater than anticipated, without resolution. Having never gone through bk before, I did not realize how difficult it could be...then, my case was turned over to Mr. Resnik...almost immediately there was a marked positive difference. Where there was little to no communication, all of a sudden I am getting updates...regularly. Further, my case was finally discharged...yet, Mr. Resnik continues to communicate, offer assistance...and, has NEVER asked for additional fees, which I am sure he could have justified...much unlike the two previous attorneys with which I was dealing. I have no reservations, whatsoever, referring and recommending Matthew Resnik for any and all business or personal bk issues...or, other wise. I have no doubt that he will be transparent on helping you regardless of the problem. Good guy.. good firm... a wonderful experience!
- G.L -
I filed bankruptcy with this firm 3 years ago and found that they are professional, friendly, and compassionate. I also met with their loan modification department. Unfortunately, they were unable to help because of the type of loan that I have. I really appreciated that they did not lie, waste my time, or take my money in an attempt to modify a loan that was not doable. I've since used their firm for a couple of minor issues and found all of the attorneys to be knowledgeable and considerate. Attorneys Simon and Resnik are amazing!- Shannon J.
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Thank you for your great work on behalf of Ms. Johnson. Without the support of pro bono attorneys we couldn't do all the work we need to do, and your firm in particular is outstanding.
- Skip K. -
This is to thank you for the exceptional work of you and your fine staff. In managing my bankruptcy and loan modification, a nearly five-year effort, your performance was stellar. I never felt alone or adrift, key concerns in those circumstances. The outcome was outstanding. As the dank blanket of economic uncertainty continues to depress the hopes of many of us, I keep your business cards and number available for others. Without hyperbole, I can attest that you are present a beacon. Thank you so much.- K.C.

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A Summary of Bankruptcy Law: Third Edition
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Summary of Chapter 13