South Florida Credit Restoration Lawyer
You Can Restore Credit After Bankruptcy
One of the most common misunderstandings about bankruptcy is that you cannot restore credit after a bankruptcy. This is simply not true. People who file bankruptcy are often surprised to find that they can restore or even improve their credit rating much faster than they think.
If you are worried that you will never be able to get another credit card, car loan or home loan, learn the facts about bankruptcy by speaking with an experienced bankruptcy lawyer. If you live in Southeastern Florida, you can speak with an experienced bankruptcy attorney free of charge by contacting the law office of Alan J. Fisher.
Based in Boca Raton, Lake Worth, and Port St. Lucie, Florida, our law firm represents clients throughout South Florida and the Treasure Coast. The founder of our firm, attorney Alan J. Fisher, has more than 20 years of bankruptcy law experience. He offers a free consultation to discuss your legal needs. To contact our firm, call 561-300-3375 or contact us toll-free at 800-901-0001.
Getting a Credit Card After Bankruptcy
This may be a surprise, but many credit card companies actually compete for the business of people who recently filed for bankruptcy. Although this seems odd at first blush, just think about it. People who just received their discharge after filing Chapter 7 bankruptcy or Chapter 13 bankruptcy typically have little or no debt. As a result, they may be a better credit risk than someone who has not yet filed for bankruptcy and has significant debts.
Restoring Credit After Bankruptcy
Yes, it is true that bankruptcy will probably hurt your credit rating in the short run. But in the long term, making continued late payments will only increase the amount of time it takes to improve your credit rating. By filing for bankruptcy now, you can reduce your debt load and start paying all of your bills on time - thus improving your credit rating over time.
Bankruptcy is not the right answer for everyone. For people who cannot afford to pay their bills, however, it can be a tremendous source of relief. If you are thinking about bankruptcy and are concerned about how it may affect your credit future, the best way to make an informed decision is to discuss the particular facts of your situation with an experienced bankruptcy lawyer.
Contact Us
To learn more about restoring credit after bankruptcy and other frequently asked questions, contact the law office of Alan J. Fisher.
