I’m going through a divorce now. My ex-husband and I filed Chapter 7 at the same time to get out from under the house. I plan to pay cash for a house in my home state with part of my settlement. Initially, all I’ll have for income is alimony, which will be between $2,000 to $3,000 a month. I’d like to start right away with rebuilding my once near perfect credit (this pains me more than anything else, the loss of the credit I worked so hard to keep for so long). Post-BK, my score is at 620.
Will I be able to start rebuilding fairly soon or do I need to do more?