Filing for Chapter 7 or Chapter 13 Bankruptcy is an excellent way to address financial concerns you may have by discharging unsecured debt and providing you with a fresh economic start.  Although a bankruptcy discharge will have a negative impact on your credit, there are things which you can do to proactively rebuild your credit soon after receiving your discharge.  With a small amount of effort and financial responsibility, successfully rebuilding credit is not as challenging as it may seem.  Below are some things you can do to help expedite your credit recovery.

Pay Existing Bills Early or On Time

Many utilities and existing services you currently have will report your payment activity to credit agencies.  When they do, paying these bills early and on time can have a positive effect on rebuilding credit.  Setting up automated payments are a great way to make sure these bills are paid in a timely manner.  Additionally, many landlords and property managers are beginning to report rental payments and the credit agencies are starting to track this information as well.