After Bankruptcy

Is It Difficult to Get an Apartment on Rent After Bankruptcy?

Call: 888-297-6203 Starting life afresh after bankruptcy might be a bumpy road but nothing compared to what you probably had been enduring for a long time before choosing bankruptcy as your way out of the financial mess. Getting an apartment on rent might be slightly difficult though not impossible for someone who has just come out of bankruptcy. Though potential landlords might take into account the fact that you had previously filed for bankruptcy, Los Angeles based bankruptcy law firm informs that there are other factors that are taken into consideration. These include: Disposable income When you [...]


Recover from the Setback of Bankruptcy and Lead a Successful Life

Call: 888-297-6203 Failures are a stepping stone to success. The adage could be used for life after bankruptcy too. Despite the ill-conceived notions people have about bankruptcy, it is not the end of the world. In fact, bankruptcy is one of the best ways to get rid of bad financial decisions or bad luck that have held you back from achieving a lot in life. Lawyers of Dallas based bankruptcy law firm suggest that the best way forward after getting your bankruptcy discharge is to learn from past mistakes. You can lead a successful life even after [...]


How Easy is it To Purchase a Home After Bankruptcy?

Though it is an excellent way to get rid of unsurmountable debts, bankruptcy has its downside too. Your credit report can remain affected by your bankruptcy for a long time. Bankruptcy remains on your credit record for a duration of 7 years in case of Chapter 13 bankruptcy and 10 years in case of Chapter 7 bankruptcy. This has a detrimental effect on your ability to get credit in the future. Though you may find it difficult to purchase a home after bankruptcy, lawyers of Los Angeles based bankruptcy law firm Recovery Law Group, say, it is not [...]


How to Improve Your Credit After Bankruptcy Filing?

Call: 888-297-6203 Though bankruptcy is dreaded, it might be the best thing to happen to you. Many times, people need a reality check to get hold of their finances. Bankruptcy wakes them up like anything and makes them more responsible financially. Though it affects your credit history and can tank your credit scores, bankruptcy stays on your credit report for a maximum duration of ten years. Credit building efforts can start from the day you get your bankruptcy discharge which is 3-6 months from the filing date in case of Chapter 7 bankruptcy and 3-5 years in case [...]


Recovering from Bankruptcy is Easy If You Follow These Steps

Filing for bankruptcy is quite emotionally draining. You might feel that you have let yourself and your loved ones down. However, it is important to net let this temporary setback ruin the rest of your life. Nothing is permanent, even the ill effects of bankruptcy. it is important that you take note of what led to your financial downfall. Having a bankruptcy attorney can, not just help you recover from bankruptcy but can also be your guiding light towards a fresh start, suggest lawyers of Los Angeles based bankruptcy law firm If you wish to make a [...]


How to Get Back After Bankruptcy?

Bankruptcy is a tiring times for people. Even after getting a discharge in their bankruptcy case, it is difficult for people to bounce back from it. Your credit ratings get hit and you might feel down and low. However, Los Angeles based bankruptcy law firm lawyers say that with hard work and time, you can recover from the hit bankruptcy takes on your life. For a better analysis of your situation, you can contact bankruptcy lawyers at 888-297-6023. Though filing for bankruptcy is tough, it is important to take stock of the situations which led to your [...]


How to Get Mortgage Post-Bankruptcy? – Read This Guide

Many people think that life after bankruptcy is like living in hell. However, this is just a myth. If you act wisely and take the right decisions, your life after bankruptcy can be quite smooth and back on track. You can also get a mortgage to build your own house but it takes about 2- 3 years for this to happen. Since the present day price of houses is quite huge, hence it is very obvious for the lenders to be much more cautious before lending. Thus, to get a mortgage post-bankruptcy needs proper guidance and planning. This [...]


The rebuilding of your credit post-bankruptcy

The first step towards rebuilding of an individual’s credit worthiness post his bankruptcy case is to formalize an effective plan and strategy. It is very important to have a working and efficient plan as against the one that caused the downfall and landed you in bankruptcy. Though it is a big relief from all outstanding debts, the report of your bankruptcy filing is going to be impactful on your credit worthiness – at times for 10 years in cases of Chapter 7 filing. The good news is that as the bankruptcy period ages, the impact of it on [...]


Excellent Tips for You After Bankruptcy

More often than not, circumstances cause people to take debts which they are unable to clear. Since debts keep on piling, the only solution to get respite from threats from creditors is filing for bankruptcy. Individuals, as well as business organizations going through a bad financial phase, get a new lease of life and a fresh financial start thanks to bankruptcy. However, bankruptcy lawyers of Sacramento based law firm Recovery Law Group suggest some tips for debtors to follow after their bankruptcy case are closed and all their debts discharged: […]


Can People Flourish Even after Bankruptcy?

One of the most common misconceptions about bankruptcy is that it finishes off a person’s finances completely. Nothing could be farther than truth as bankruptcy offers people to make a fresh start. Once a debtor has received a bankruptcy discharge, they can initiate the process of starting over. Unlike popular belief, a person can thrive well after the bankruptcy discharge. According to Los Angeles based law firm Recovery Law Group, these few steps can help rebuild your life after bankruptcy: Make sure that you live well within your means. Though it may seem impossible in the beginning, you [...]

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