If you have an official carrier just hit "update" in iTunes and then rejailbreak with the latest redsn0w. If you require unlock, create a custom 5.0.1 firmware with redsn0w or sn0wbreeze and restore that to preserve your baseband.
the phone was unlocked that i could use it on any carrier. i never jailborke it myself thats why im lost with all this.and i dont want to mes up my phone