I filed Ch 7 and should be receiving discharge papers in the mail within 4-6 weeks. I want to try to re-establish my credit history as quickly as possible, therefore need to open a secured credit card and make payments on time, etc. Should I wait until I receive the official discharge papers in the mail before I do so, or does it not matter?
I used the FICO score simulator to see what would happen if I opened a new card and if showed a dip in my score, but I'm assuming as soon as I show on time payments for a few months with the card, my score will climb back up?
Does anyone have any additional specific advice on how else to reetablish credit quickly after Ch 7?
I need all the advice I can get! and thank so much!
