Many people are very opposed to bankruptcy because of the stigma that is attached to it. Others simply fear that their credit will be ruined beyond repair. However, this is far from the truth.

Declaring bankruptcy will impact your credit, but it’s not the end of the road. In many cases, bankruptcy gives you a unique opportunity to work hard and get your financial independence back.

If you’re working on getting your credit on track after bankruptcy, take a look at these three helpful tips:

Make Payments on Time

The first thing you need to do in getting your credit back on track post-bankruptcy is to change your financial habits. One of the easiest things you can do is to pay your bills on time. This might seem easy, but that might be how you got here in the first place, by missing payments. Because your credit score generally weighs your current history heavier than older actions, you might find your score improves far quicker than you thought.

Open a Small Credit Card

When you file for bankruptcy, you’ll probably be required to close out many of your old credit cards. Keep in mind that this doesn’t mean you won’t be able to open a new one. In fact, there are many credit companies are willing to offer a small credit card, for those who have just declared bankruptcy. This card typically has a low limit of around $500, and it’s secured by a cash deposit. You can make purchases on this card and pay it off each month. This can work wonders for rebuilding your credit history by showing you are able to make monthly payments when asked.

Spend Wisely

While many people find themselves in debt due to uncontrollable circumstances, there’s no question that some others did not help their cause by spending superfluously on things they didn’t need, only to find they couldn’t pay things back when money got tight. Now is the time to break that habit: whether you’ve declared Chapter 7 or Chapter 13, your bankruptcy gives you the chance to reset your financial habits, including determining what you need to buy and what you can do without. Who knows? You might find that you enjoy life more without some of the things you had before.