STOP BAD CREDIT

When you file Bankruptcy using Federal Laws, does that hurt your credit?

Your credit is probably in bad shape already. If you don’t do something, your credit history will get even worse over time. When you use Bankruptcy, you stop aging your debt problems and actually give yourself the opportunity to start a new clean credit history. By that we mean that your bills that are 4 months old, or 6 months old, or more, will stop aging after your bankruptcy is filed with the courts. How does this affect you? Stopping the aging process halts further damage to your credit history. You can put a stop to the aging of your bills.

It's better to repay everyone as originally agreed. But once you get overwhelmed with more bills than you can handle, you need to get help quickly. The longer you wait, the worse your credit becomes. With that in mind, filing bankruptcy gives you a fresh start. Not only does it give you relief from the stress that you are currently going through, it helps you START to rebuild your credit. Yes it will take some time, but you can rebuild your credit, you can succeed again.

Believe it or not, you will probably start getting credit card offers soon after you file bankruptcy. Be wise about accepting or not them. Don’t get yourself in trouble again. The best advice we can give you is to get professional assistance. If you live in the San Antonio area, you can call me for a free and confidential in office debt consultation. Yes that’s right, I will give you free advice. If you don’t live in or near San Antonio, find a lawyer in your area that ONLY handles consumer debt problems and get professional advice.

If you are delinquent on your bills, your credit is probably already bad and getting worse. Bankruptcy can actually help you start to rebuild your credit by wiping out your delinquencies and give you a fresh start. This fresh start will give you an opportunity to start rebuilding your credit. If you live in or near San Antonio, call me today at 210-930-7000.