I have been told that a HELOC is an excellent way to rebuild credit after a bankruptcy. Are there any lenders out there who do HELOCs after BK?

I believe you got bad information.. HELOC's are most always a 2nd position loan which sits behind a first position loan.. because it's in 2nd position, the lender has a greater risk exposure, which is why most all lenders who do HELOC's require a much better credit history then obtaining a first position loan. More info needed to advise you specifically as to what would be needed to re establish credit after a Bk.. how long ago did it discharge? was it a BK 7 or BK 13? Was there a home included in the BK, etc.. In general, you can re establish credit by getting a secured credit card or two.. once you have those for a few months, you will most likely get other unsecured offers in the mail... I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

I would say that is a bit of a stretch... Who told you that, a HELOC lender? The best way to build, or rebuild credit is to have a mix of credit, a mortgage, an installment loan (like a car), and a couple of credit cards, with the credit cards having little or no balances. From there, just make sure everything is paid on time. If you have a BK, make sure that all old negative stuff is reporting correctly. There is no short cut - you had a major negative credit event. Regardless of the reason, you caused creditors to suffer a loss. As you can imagine, no new creditor is in a big hurry to lend to you again UNTIL you prove a new history of credit. Sort of a catch 22.