Immediately following the completion of the bankruptcy process, many people wonder “what happens next?”  After debts are discharged, consumers should be pro-active and make the most of their fresh starts by following these helpful tips:

• Tip One:  try to obtain new credit lines. At first, this may be difficult for people to do, but should become easier with time.  Once people get new credit lines, they should pay their bills on time, pay their bills in full and not go over their spending limit.  By doing these things, people can rebuild their credit.
• Tip Two:  continue to make mortgage and car payments. People should always pay their secured debts first.  Secured debt is any type of debt that is tied to an item of property.  This will allow people to avoid foreclosure and repossession because they will not default on their mortgage or car loans.
• Tip Three:  check your credit report. Anytime you notice false information or an inaccuracy on your credit report, you should file a dispute.  Inaccuracies may lower a person’s credit score, which is never a good thing.  People should check all three of their credit reports as there may be discrepancies between Equifax, TransUnion and Experian.
• Tip Four:  try not to carry large balances on credit cards. All too often, people make the mistake of carrying large balances which leads to ongoing finance charges.  If you know you cannot pay off a purchase, you may be better off avoiding it altogether.
• Tip Five:  remain focused on having a positive attitude. Filing for bankruptcy is not the end of the world.  In fact, it is a great beginning for many people who have struggled with debt for years.  Instead of feeling embarrassed or ashamed, stay positive and know that you have made a responsible decision by dealing with your debts.