Life After Bankruptcy
Many people who are considering filing for bankruptcy want to know what life will be like after their case has concluded. Most individuals experience a tremendous sense of relief and are much more optimistic and hopeful about their future. They can begin building a new financial foundation without the stress of creditor harassment, threats of repossessions, foreclosure and wage garnishment.
If you are seeking a debt relief solution, contact an attorney at the Law Offices of Marshall D. Schultz to discuss your financial situation. We will take a close look at your finances to determine if bankruptcy is right for you. We can also explore alternatives to bankruptcy such as debt settlement, debt negotiation, and debt consolidation.
Getting a Fresh Start After Bankruptcy
There are many steps to the bankruptcy process, including the requirement that you receive credit counseling and financial management coaching. Once your petition has been approved by the court, your debts will either be discharged if you filed for Chapter 7, or you will begin paying your creditors back in a restructured plan under Chapter 13.
You can also start improving your credit rating by taking actions such as:
- Obtaining a secured credit card
- Paying any remaining bills on time
- Monitoring your credit report and correcting any incorrect information that you find.
Our firm has over 50 years of combined experience representing more than 10,000 clients in bankruptcy cases. We will confidently guide you through the process, and ensure that all of your needs and concerns are fully addressed. We take a personal interest in our client's welfare, and will always be available when you have a question or need help.
Contact us today at our Detroit or Southfield office for a free consultation!
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