Fort Lauderdale Florida Bankruptcy Recovery Attorney
There are many misconceptions about filing bankruptcy, including the fear that your credit will be beyond repair, you will never get a loan or that you will be stigmatized by bankruptcy for life. The truth is, if you have significant debt, you are probably in a better position than someone who has never gone through it.
Hope is not a strategy. You need a plan to achieve security and financial independence. Let us help. Call the Law Offices of Craig Feldman at 954-703-4109 or contact us by e-mail to schedule a free consultation in Fort Lauderdale, Florida.
Credit Card Availability After Bankruptcy
While a bankruptcy filing will initially affect your credit score, you can carefully establish a reasonable amount of credit and pay off your debts regularly, your credit score will increase over time. Credit card issuers will see you as a better risk because you cannot file bankruptcy again. After filing and obtaining your first card, you will be able to build up your credit quickly. Soon, you will restore your credit history and score, much more quickly than if you never filed.
Achieve Financial Independence
Making the decision to file bankruptcy is the first step you will take towards a very rewarding experience. Although debts can be difficult to confront, you can rest assured that the finalization of your bankruptcy will make you feel relieved, stress-free and able to move forward with your life. If you file a Chapter 7, your debts will be discharged. If you file a Chapter 13, you will be on a repayment pay. Either way, bankruptcy will put an end to harassing phone calls, pending lawsuits and other burdens of debt.
Financial Management Classes and Credit Repair
As part of your bankruptcy you are required to attend a financial management class. You should pay close attention and use the tools you learned to budget now that you have been able to eliminate your debts. Making the effort to spend less than you make and always keeping track of your expenses will put you back on track to financial stability. You should then be able to keep your finances in order and build credit.
To explore your options and learn more about life after bankruptcy, please call 954-703-4109 or contact us by e-mail to arrange a free consultation with our Fort Lauderdale, Florida bankruptcy lawyer. Se habla español.
