As bankruptcy lawyers that serve Bucks County, Montgomery County, and Philadelphia, PA, we know how it can be difficult for many people to have a positive outlook after filing for bankruptcy. In fact, even though filing ultimately offers you a fresh start, you may feel uncertain about your future and what you can do to begin moving forward with your life. Once you’re done filing, and the dust starts to settle, there are many things you can to reestablish your credit, and here are a few:
Pay your bills when they’re due – This includes your mortgage or rent, cell phone, utilities, and car. Your goal is to establish better credit and not paying these when, or even before they’re due, will compromise that.
Put yourself on a budget – If you weren’t aware of how much you were spending before filing, make this one of your highest priorities right away. To figure out what budget works the best for you, you can even track your expenses for a few months and then create one that will help set boundaries, but that will also allow you to enjoy your life.
Begin developing a positive relationship with a local credit union or bank – Most of the time, local credit unions or banks have products available to customers who have suffered financial hardships. So, when it comes time for you to take out a loan for anything, make sure you meet with a loan officer and be transparent about your situation so you can begin rebuilding your credit.
Monitor your credit report – Be more responsible. You’ve been given a clean slate, so make sure you’re aware of what’s going on with your credit report after you’ve filed.
By considering these tips, you will be on your way to having a better future.
In addition being bankruptcy lawyers, we here at Kalikhman & Rayz, LLC, also serve as criminal defense attorneys in Montgomery County, PA, Bucks County, and Philadelphia, and can also handle personal injury and automobile accident cases. To learn more about our firm and what we do, please browse our site, or give us a call today.