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Filing for Chapter 13 bankruptcy can be an incredibly stressful experience. However, once you've successfully completed your repayment plan and received your discharge, it's time to start rebuilding your financial future. While it may seem intimidating at first, there are steps you can take to put yourself on the path toward a brighter financial future. In this post, we'll discuss the first steps you should take after filing for Chapter 13 bankruptcy and how long the record of your bankruptcy will stay on your credit report. Create a Budget The first step in rebuilding your finances after Chapter 13 bankruptcy is to create a budget. This will help you keep track of your income and expenses, so you can make informed decisions about where to allocate your money each month. You'll want to consider all of your fixed expenses (like rent or mortgage payments) as well as variable expenses (like groceries or entertainment). Once you have a clear view of your monthly spending habits, you can start to identify areas where you might be able to cut back. Rebuild Your Credit After filing for Chapter 13 bankruptcy, you may find that your credit score has taken a hit. However, that doesn't mean that you're destined for bad credit forever. One way to rebuild your credit is by taking out a secured credit card. These cards require a deposit up front (usually around $200), which then becomes the card's limit.