Bankruptcy Attorney Steven J. Halbert Can Help You Start Over After Bankruptcy

If you are in a bad financial situation and are unable to pay your bills or make payment on your debts, bankruptcy can help. Let Indianapolis, Indiana attorney Steven J. Halbert help you with all of your bankruptcy needs. Once you have filed for bankruptcy, it is time to start over and rebuild your credit. There are several things you can do to get your financial situation back on track.

Subscribe to a free credit reporting service and check your reports frequently. Many of my clients find that the debts that they discharged in bankruptcy are reported incorrectly on their credit reports which can jeopardize the "fresh start" that bankrutpcy provides. I work with my clients to ensure that the debts that are dischrged in their bankruptcy are reported accurately.

Open A Checking Account

One of the first things you should do after getting your bankruptcy case settled is open a new checking account that you will keep in good standing at all times. Many banks offer overdraft protection and automatic bill pay so you don't have to worry about writing bounced checks or falling behind on any bills.

Secured Credit Cards

A secured credit card can help you rebuild you credit after bankruptcy. Most come with a fee and require you to deposit money onto the card before you can use it. They act similar to prepaid credit cards, but can help improve your credit score, as they report the card usage to the credit bureaus. Secured credit cards allow you to rebuild your credit without falling into a bad financial situation again.

Avoid High Risk Loans

High risk loans are those that require high interest rates or must be paid back in a very short amount of time. When you have filed for bankruptcy, you may not have a lot of lending options. The lenders who are willing to offer financing may be looking to take advantage of your bad credit and could charge you high interest rates and fees, causing you to fall behind on your payments easily. It is better to wait for a good lender to offer financing than go with a bad one.

Steven J. Halbert Can Help You With All Your Bankruptcy Needs

Rebuilding your credit and starting over after bankruptcy can be difficult, but it is necessary if you want to improve your credit score and be able to borrow money and use financing to make purchases. If you have questions about bankruptcy, contact the experienced bankruptcy attorney Steven J. Halbert in Carmel and Indianapolis for help at 765-577-5290.