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The Effects of Bankruptcy

For many people who are considering bankruptcy it often seems impossible to imagine a future where you have manageable debt and a good credit score, but rebuilding credit after bankruptcy is something people do every day. A bankruptcy attorney  can provide the  information, advice and expert legal representation needed to  file for chapter 7 bankruptcy or chapter 13 bankruptcy. Let us at The Rosenthal Law Group in St. Petersburg, FL  stop your creditors from harassing you and give you the opportunity to begin rebuilding your credit.  While bankruptcy isn't an instant or immediate fix, it can provide a “fresh start” and help you eventually build a better financial future for you and your family. 

Bankruptcy and Your Credit

Filing for bankruptcy does not make you ineligible for credit in the future; in fact, many people actually become a better credit risk after bankruptcy because they are no longer deep in debt, missing payments, facing repossession or foreclosure.  In fact, because people who file for bankruptcy are unable to do so again for eight years, many creditors will consider people recovering from bankruptcy to be a reasonable credit risk; a dramatic improvement from many peoples current situation.

After Bankruptcy

There will be challenges to rebuilding a strong credit score, but we can help you put yourself in a better position to be successful so that you can get future credit for the things you need such as:

  • A home mortgage
  • A Car Loan
  • Credit card Accounts
  • Other types of Loans

There is life after bankruptcy.  Don't continue living under the constant stress of overwhelming debt and creditor harassment. We would be proud to help you get the debt relief you need and deserve and help you plan for a better financial future.