Here are a few tips for after your Atlanta bankruptcy attorney has completed your case and your debt has been discharged.
1. Review Your Credit Report
After two months your creditors should have made any necessary updates your credit report. This is the perfect time for you to make sure that all your debt shows that it has been discharged via bankruptcy. You should not expect to see any past due accounts. If you do see any debt that shows you are late or missing payments you should dispute the item on your credit report and contact the creditor to make sure that they will report your account properly going forward.
2. Rebuild Your Credit
Once you receive a discharge, you should consider opening a secured credit card and start establishing a payment history. We frequently have clients who can rebuild their credit scores to 700 within a year or two after their bankruptcy case and move on to purchase homes. Be diligent about rebuilding your credit after bankruptcy, you can bounce back quicker than you expected.
3. Don’t Be Afraid To Answer Your Phone
It is possible a creditor may not be aware that you filed bankruptcy. If you get a call trying to collect a debt after your bankruptcy is finished make sure to inform them of your bankruptcy case. In nearly all cases, you informing them of your concluded bankruptcy case will stop all calls. Your bankruptcy attorney will have informed you of any non-dischargeable debt in bankruptcy such as child support, spousal support, taxes, student loans, and fines. You must keep paying any non-dischargeable debt.
4. Enjoy Your Financial Freedom.
Enjoy the fresh start you have given yourself. You made a smart financial decision for your future. Now that you have experience you can avoid previous pitfalls. However sometimes things happen in life and turning to a real solution like bankruptcy can be the right choice.
If you need help our Atlanta bankruptcy attorneys know what you’re going through. Call King & King at 404-524-6400 today to schedule a free consultation.
