Recovering from Bankruptcy

Many people believe that filing bankruptcy will destroy their ability to obtain credit for many years.  In reality, that is nor the case if people follow the 5 tips listed below.

  1. Pay your bills on time;
  2. Limit your purchases to those you can afford to pay off immediately;
  3. Avoid lenders who charge high fees (such as cash advance companies);
  4. Monitor your credit report to ensure some of your old discharged debt does not erroneously reappear;
  5. Make a budget and stick to it.

Following these simple tips can help you achieve the fresh financial start you deserve after a bankruptcy filing.

To determine if you qualify for Chapter 7 fresh start bankruptcy, call Northwest Ohio attorney Fredric M. Boy at (419) 327-6160 for a free consultation.