California, Nevada, Arizona and New York Debt Counseling Attorney
About Debt Counseling
Though bankruptcy does help you to relieve a crushing debt load and achieve
a fresh start, it does have the downside of affecting your credit rating.
The upside to this fact is that your
low credit score is temporary, and will rise again.
As part of the process of reestablishing good credit, it can be extremely
beneficial to seek help from an experienced
Price Law Group bankruptcy lawyer. Price Law Group can provide you with debt counseling services that will
help put you back on the road to financial health.
Rebuilding Your Credit after Bankruptcy
Some of the actions you can take to help rebuild your credit include:
Ask someone you know who is trustworthy and has a stable credit history
to have you named as a cosigner on their credit card. You will not be
charging items or making payments on this card. Becoming a cosigner will
help you to rebuild your credit.
Save some money every week.
After six months, open a secured credit card in your own name. Using your
accumulated savings, charge a small amount each month, and pay what is
owed in full that same month.
Monitor your credit score. You are allowed one free credit report each
year from each of the three major credit bureaus. If there are discrepancies
on the report, get them corrected immediately.
Pay all of your bills on time. If you are in a
bankruptcy, continue to make your payments on time to your bankruptcy
trustee. If it looks like there are issues that may cause you to miss
a payment, contact your trustee as soon as possible to address the matter.
Having a low credit score may be viewed as a good thing by those who have
recently declared bankruptcy, as it ensures that access to credit is limited.
As life goes on, this may not be practical, as having access to credit
is necessary when purchasing a car, a home, or even a new refrigerator.
Our debt counseling services can help you rebuild your credit so that
it will be easier for you to purchase those items that are important to
you and your loved ones.
Price Law Group Debt Counseling Lawyer to help you reestablish your credit and achieve financial stability after
For more information call us at 866-210-1722 or fill out the form below.