Preparing for Your Life After Bankruptcy
Many people are afraid to file for bankruptcy, because they do not know what is going to happen next. In addition to helping you explore your options and protect your rights, an experienced bankruptcy lawyer can help you prepare for life after bankruptcy. At the Riverview Law Offices of Alan C. Ewbank, we help our clients prepare for a stronger financial future.
An Experienced and Dedicated Consumer Protection Lawyer.
Contact Alan C. Ewbank Today for a Free Initial Consultation.
The biggest concern of people who are considering bankruptcy is the effect it will have on their credit. Most people believe that bankruptcy will negatively impact their credit, but in fact, really do the opposite.
If you are considering bankruptcy, your credit is most likely in poor shape already due to late payments, charge-offs to debt buyers, or judgments. Going through the bankruptcy process may eliminate most of your debts, significantly improving your debt-to-income ratio (an important aspect of your credit score). Potential lenders can see that you are not burdened with unaffordable amounts of debt, judgments, or wage garnishments, and may be more confident in your ability to repay your debt to them. However, it is important to remember that, in these tough economic times, it can be difficult even for consumers with high credit scores to obtain loans on favorable terms.
Responsible use of credit after your bankruptcy should allow you to rebuild your credit and improve your credit score. Many consumers are able to purchase houses and cars and obtain credit cards after their bankruptcy. However, remember that there are more important things than your credit score. Bankruptcy is a fresh start for your family, and eliminating your high monthly debt payment may allow you to invest your money in ways you might not be able to afford to do now, such as saving for your children's education or planning for your retirement.
Bankruptcy should be a business decision for you and your family. Every year, thousands of American businesses utilize the bankruptcy process to restructure their debts so they can operate more efficiently and increase their value as going concerns. For these businesses, bankruptcy is not a moral issue, but a matter of economics. We encourage our potential clients to view their families as a business. When you consult with our attorneys, we will explain to you the economic benefits and drawbacks of filing bankruptcy, and help you understand how bankruptcy may improve your family's financial future.
You Have Questions About Life After Bankruptcy
- Can I get an apartment or buy a home?
- Will I get fired from my job?
- Can I get a job in the future?
Taking a look at your full range of concerns, attorney Alan C. Ewbank can help you obtain answers. With the right help, you should be able rent an apartment or buy a home, keep your job, and get back on your feet.
Contact Us
Bankruptcy can be an important step in rebuilding your credit. There is a life after bankruptcy, and we will help you find it. Located in Riverview, we protect the rights of Florida consumers in the greater Tampa area. Contact us today to schedule a free initial consultation with no obligation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
