p>If you have recently had to file bankruptcy you may feel that you are at a dead end and that you may never regain financial solvency or a good credit score. You feel that your family is suffering emotionally and perhaps even physically because of the financial situation.
While you are doing everything you can to keep your family healthy emotionally by implementing plans for emotional support, you do need to think seriously about getting back on track financially. You will need to start the process of rebuilding your credit worthiness. Having a higher credit score will enable you to finance purchases in the future, as well as obtaining a better interest rate on those financed purchases. There are many ways to raise your credit score such as making sure that you pay all your bills on time. If you can, pay more than the minimum amount required. Consider opening a savings account and make regular deposits. Lenders look more favorably on people who have shown the ability to save on a regular basis.
You may be considering a step toward car refinancing in order to lower your monthly payments. Again, you will need to have a higher credit score in order to do this. You should not even attempt to apply for a refinancing scenario until your score is up to a satisfactory level. The higher your credit score, the better your chances are of being able to refinance at a lower interest and payment rate.
Take some time and develop a plan and you will soon be on your way to a better financial picture after bankruptcy.