Rebuilding Credit After Bankruptcy

Ok, so this is going to sound counter-intuitive but. . .often the best way to rebuild your credit is through, that's right, credit cards!  The very menace that most likely helped lead to your bankruptcy in the first place.  You see, most credit card companies report monthly activity to the credit reporting agencies - the businesses that determine your credit score.  Therefore, to help build your credit faster you will need to offset your prior credit troubles and tribulations with some positive news.  Now in doing so be careful of potential pitfalls.
The first one is to be very selective in the cards that you apply for and use.  You will very likely begin receiving credit card offers soon after your bankruptcy discharge.  The credit card companies know that you can't file again for several years and they view you as a somewhat safe bet.  CNN recently published an article detailing the 7 best credit cards for rebuilding your credit: http://money.cnn.com/galleries/2011/pf/1104/gallery.best_credit_cards_bad_credit/index.html
The 7 best in their opinion based on low upfront/annual fees and APR are Orchard Bank, Capital One Secured MasterCard, Navy Federal 'n Rewards Secured Card, Citi Secured MasterCard, Mango Prepaid MasterCard, Capital One Cash Rewards for Newcomers & Open Sky Secured Visa Card.
Another thing to be careful about is how you use the cards.  I would recommend to charge a very conservative amount each month - say on things that are necessary like gas and would normally otherwise pay cash for.  Instead, put the cash that you would normally use away in the cookie jar and make sure to pay off your balance in full at the end of each month.
Only apply for one or two credit cards as you don't want numerous inquiries showing up on your credit report.  If you follow these steps and stay current on your car and/or home loan, you should have an A credit rating a lot sooner than you may have thought.