5 Consumer Bankruptcy Fresh Start Tips

If you are filing for chapter 13 bankruptcy or chapter 7, there are several things you can do to ensure a fresh start post-bankruptcy.  Below, our legal team has provided 5 tips:

1.  Take the time to meet with your lawyer.  This will ensure that you understand what your options are post-bankruptcy.

2.  Review your credit report.  If you filed for Chapter 7, you will want to make sure that your report indicates discharging of debt you owed to creditors.

3.  Stick to a monthly budget.  When filing for bankruptcy, you probably received insightful advice about creating a feasible budget.  It is advised that you follow this budget and live within your means.

4.  Start saving.  It is always a wise idea to start saving a percentage of your paycheck in case emergencies arise. 

5.  Learn from your prior financial mistakes.  Maybe you overspent or maybe you fell behind on your bills.  Whatever mistakes may have led up to your bankruptcy, try to learn from them so you can avoid repeating them.

Planning to file for bankruptcy in San Antonio, Texas?  If so, take the time to meet with a San Antonio bankruptcy lawyer at the Malaise Law Firm.  Contact us now!