Guidance for Life after Bankruptcy
Work with Our Experienced San Diego Bankruptcy Lawyer
Once you have gone through the bankruptcy process and it becomes final,
there are steps to take to ensure you begin anew with a more informed
outlook on your budget and finances. Many of the
bankruptcy myths that abound leave most people fearing that their credit will be ruined
for life and they can never own anything again. This is simply not true.
Once your bankruptcy is final, you are generally free of most of your
debts, with the exception of a few types such as student loans or support
payments that would still be due.
Many families find great relief from the stress and strain of having so
much debt off of their backs and look forward to their future. Part of
the bankruptcy process includes credit counseling prior to your filing and a financial budgeting
course once it is final, so you will have received some basic training
in the proper thing to do. Our San Diego bankruptcy attorney at San Diego
Legal Pros can help you make some sound decisions to help you as well.
After bankruptcy, it can be beneficial to look into the following:
- Credit counseling
- Finance management
bankruptcy on your record, you will see your credit rating take a dip, but this is
temporary and will start to improve once time goes by and you begin to
rebuild your credit. Applying for small credit cards or department store
cards which should be used sparingly and repaid every month will go far
towards improving your credit score.
To better understand the bankruptcy process and life after bankruptcy,
speak with our firm in a
free consultation. Schedule yours today.
Call San Diego Legal Pros – (888) 875-9190
It is important to set up a budget each month and stick to it. Having a
steady income and living within your means will help avoid any future
debt problems. Avoid incurring any new debt you cannot immediately repay,
and build up an emergency fund for unexpected situations. Without the
cumbersome burden of debt taking all of your income, you should be able
to include savings into your budget as you move forward with your life.
Contact a San Diego bankruptcy lawyer
help with bankruptcy and steps to take following your filing.