Life After Bankruptcy in Glendale
Once you have been through the nightmare that led up to a
bankruptcy and have come out on the other side, discharge in hand or repayment plan
established, you will feel a great sense of relief and freedom. In the
midst of this relief also lies many continuing questions about what happens
next in your life. Though bankruptcy effectively resolves debt and provides
you with a firm financial foundation, difficult decisions will still need
to be made. A Glendale bankruptcy attorney can provide trusted guidance on
credit restoration and establishing realistic financial goals.
As you move forward, it will be critical for you to stick closely to a
well-constructed and workable budget. It is important that you maintain
steady employment. You must also be committed to paying your bills in
full and on time and keeping a positive balance in your bank account without
fail. Obtaining credit reports regularly and disputing any errors contained
on them will be key.
Although traditional credit and loan opportunities will be scarce, by maintaining
and paying an unsecured credit card on time, you can soon open up better
options. If you filed for
Chapter 7, your bankruptcy will remain on your credit report for ten years, and
up to seven years after a
Chapter 13 bankruptcy. Though these marks will place definite restrictions upon you and can
lead to frustration, by sticking to your new financial plan and reproving
your creditworthiness, the effects of such limitations can be mitigated
Setting Up for a Financially Healthy Future
After the storm has passed, knowing exactly what to do next can be disconcerting.
When the team from
RJB Law Offices is on your side, you will not be abandoned during or after
the bankruptcy process. We know that you will have many important questions about how to proceed
after your discharge, and our attorneys are committed to making sure you
are well on the pathway towards a brighter future.