Want to know the easiest way to re-establish credit after filing for Bankruptcy. Auto Bill Pay. Yes….yes…autobillpay. Approximately 35% of your credit score is determined by your credit history(which means making payment after payment on time.) The easiest way to ensure that is to make sure that your bills are paid automatically. No late fees, no charges, no delinquiences. Not only will it ensure your credit score will go much higher over the long term, but it will also ensure discipline on your part. Discipline will show potential lenders (if you need credit-responsibly used-down the road) that you are less of a risk.
So heed the advice of a New York City Bankruptcy lawyer and put all of your bills on auto bill pay and watch your score rise.
Daniel Gershburg Esq., is a Bankruptcy & Real Estate attorney serving clients in Brooklyn, Queens, Manhattan, Staten Island, Long Island and Westchester. Mr. Gershburg has given lectures and presentations to both attorneys and the community at large surrounding Bankruptcy and financial advocacy in the New York City area. He is a proud member of the National Association of Consumer Advocates. Currently he is working on his first book giving practical advice about repairing troubled credit and how to improve credit post Bankruptcy
