It is true that life after bankruptcy can bring some challenges, but life before bankruptcy is often much more difficult. You may have been faced with constant calls and letters from creditors, abusive debt collection practices, repossession, wage garnishment and foreclosure.
By filing for bankruptcy, all debt collection activity against you and/or your business was placed on hold. Upon the completion of your case, your debt was discharged.
Now, you're free from debt but may be facing some new obstacles - primarily in regard to rebuilding your credit. With the right approach you can meet this situation head on and can start making a difference in a relatively short amount of time.
A Florida bankruptcy lawyer at our law firm can talk to you about your options in facing life after bankruptcy and can actually help prepare you through the process of filing in order to help you get back on your feet. Thomas L. Abrams has been helping debtors in Florida for more than 20 years and are ready to put our experience to work for you.
Thomas L. Abrams , has a background that extends for more than 20 years in this particular field. We are confident that we can offer you the guidance, advice and legal representation that will help you take full advantage of all the benefits that bankruptcy has to offer while helping you avoid negative consequences after your bankruptcy discharge.
My Debt Was Discharged - Now What?
After the completion of your Florida bankruptcy case, your eligible debt has been discharged. At this point, it is important to start rebuilding your credit score. It will have taken a significant hit when you filed. Here are a few helpful tips (this may vary depending on your particular situation and financial goals):
» Apply for a secured credit card or other form of credit » Once approved, take care pay the full balance or as much as possible every month » Remain current on all of your existing bills » Start setting aside money in a savings account » Try to reduce or eliminate any unnecessary expenses » Do not take on any debt or large purchases that you truly cannot afford
Of course, your ability to rebuild your credit will vary depending on whether you filed a Chapter 7 or Chapter 13 bankruptcy as well as the particular circumstances surrounding your case.
To discuss your unique situation, contact the Law Office of Thomas L. Abrams today for a consultation without charge.