You can expect your credit score to drop significantly after filing bankruptcy. Your scores will likely drop 100-150 points pretty fast. Rebuilding it is a much slower process. However, if you take the right steps, you can get a jump or boost in your scores in as little as two years. Most importantly, you can get your scores above 700 which will ease your ability to actually buy a car and certain other credit options.
So, if you make $3,000 a month, everything you give, save, or spend should add up to $3,000. Every dollar that comes in has a purpose, a job, and a goal. Nothing is left hiding or mindlessly spent on fancy coffees or $1 bin deals.
When you are Tax Filing, you should always consult a CPA or at least a tax professional to be sure you get the maximum credits you deserve. This will also ensure that you do not make a costly error on your filing documents. CPAs and tax specialists can assist you with your financial planning for 2022 and beyond.
