After filing for bankruptcy in Arizona and having the bankruptcy discharged, you will need to reestablish banking relationships. Begin by finding a local bank or credit union that will allow you to open both checking and savings accounts.
After some months have passed, apply for credit with your local bank. Often local banks are more open to establishing new credit for their banking customers. You may find that the interest rates are high and there may be monthly fees, but you will still want to accept the card. Use it responsibly and your credit score will improve. With the improved score, you will be able to get credit at more favorable rates.
Filing for bankruptcy is a devastating decision and should not be taken lightly. Before you file, consult experienced bankruptcy attorneys such as those at The Frutkin Law Firm, in Phoenix, Arizona.
