The Advantages of Bankruptcy
When you file for bankruptcy with the Court, they will order all of your creditors to immediately cease all forms of contact, putting an end to the creditor harassment you have suffered. In addition, you will also be free from lawsuits, wage garnishment or repossession after you have filed bankruptcy. The specifics of each bankruptcy can differ, and it is wise to discuss your situation with a Stuart attorney who can help you make the best decision regarding your debt.
After you have discussed your case with a knowledgeable attorney, you can move forward with the bankruptcy process. Even though your credit will be temporarily affected by the filing, you can immediately start to rebuild your credit by implementing wise spending and saving practices.
Tips on Life After Bankruptcy
Maintaining a steady income is one of the most important things to do after bankruptcy. This is essential to paying off expenses and staying out of debt. In addition, make wise spending choices and avoid wasting money on frivolous or extravagant purchases. Instead, choose to invest your money on things that can make you more money in the future, such as a business or education. You must start forming new habits that can take the place of any previous habits that were destructive to your financial stability.
Here at Crary Buchanan, we help clients through the process of bankruptcy to find a better life. We follow through with our clients so that you can have the best opportunity of staying debt-free in the future, and we work tirelessly to help you find solutions for your financial needs. Our firm was founded in 1927 with the mission to provide every client with quality legal services in an efficient and professional manner by applying our resources and skills to the fullest extent of the law. We have been fulfilling that mission on a daily basis for 93 years and we are excited to serve you.
Contact a Stuart lawyer at our distinguished firm to learn about what life after bankruptcy will look like.