A successful bankruptcy filing will bring about many positives into your life. Most notably, the discharging or minimization of your debts and tax obligations will provide you with financial security and peace of mind. However, bankruptcy does not come without risks and consequences. It is highly likely that your credit score is going to take a ding when you complete, or sometimes just inquire about, bankruptcy.
Thankfully, rebuilding your credit score is not impossible. In fact, it might be much easier than you think, especially if you get some help along the way.
Northwest Georgia Bankruptcy Lawyers Here to Help
At Bournakis and Mitchell, P.C., we routinely assist clients from all throughout Northwest Georgia with plans to rebuild their credit after bankruptcy, whether they filed for Chapter 7 or Chapter 13. You will find that our team of legal professionals genuinely like to guide people through what would otherwise be a confusing and difficult time. We can start with a free consultation to let you know what to expect and work with you from there.
Here is a quick list of what you should do or expect regarding rebuilding credit:
- Check your credit score
- Review necessary payments
- Add bill payments to your schedule
- Keep credit card lines open unless closure is absolutely necessary
- Pay your debts in manageable chunks
- Mainly use a secured credit card when needed
- Pick up generally useful habits that encourage financial responsibility
In many cases, our clients have actually suffered significant damage to their credit scores before ever filing for bankruptcy. We are available to help you in such a situation as well. Our bankruptcy attorneys can act on your behalf during any hearing with another party, like creditors. The focus from start to finish will be how you can restore your credit with as little stress and delay as possible.
Let us talk more about your options, including bankruptcy. Send an online contact form today to our law office.