What will your Life be like after Bankruptcy?
After you have filed for bankruptcy, you will probably feel some relief. Maintain a positive attitude and be determined to get your life back on track. You could even start to build a savings account or an emergency fund. Do not be tempted to get new credit cards and run up charges.
You need to make sure you keep all paperwork from your cases. You will be given a complete copy of the bankruptcy petition. You will receive paperwork from the court, including a copy of your discharge order. You never know when you might need them.
It is a good idea to check your credit report on a regular basis. You need to know what is on your report. Make sure there is nothing on the report that is inaccurate. You want to keep track and make sure your score is increasing.
You will want to create a budget and stick to it. List every bill you need to pay, and list other necessities that you need to pay. Do not pay more than you have.
Even though you do not want to run up credit cards, your credit score will improve if you get new credit. You do not need to do this immediately, but you will want to eventually.
No one wants to think about bankruptcy; however, it can be a solution if you are overcome with debt. After you have filed for bankruptcy, you can become debt free. Bankruptcy is a last resort; however, it can give you a do over. If you research your options and let an attorney help you, you can be prepared when life throws you a curve ball. You can then look forward to a brighter financial future.