Life after Bankruptcy in Long Island

Relief from Debt

If you are planning to file for bankruptcy, you have reason to look forward to the changes you will experience in your life. You will no longer have to live day-to-day with the worry and stress that go with watching your debt grow while you can only make the minimum payments on your loans. You will be better equipped to live within your means and afford to buy more of the things you want for your family without the hindrance of wage garnishment. You won't have to put up with creditor harassment and freezes on your bank account. You will be able to enjoy the purpose of bankruptcy, as expressed by the U.S. Supreme Court in a 1934 decision: "...a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of preexisting debt."

One of the common myths about bankruptcy is that you will never again be able to borrow money, but this is far from the truth. Shortly after discharging your debt, you will mostly likely be sent a number of credit card offers, because many financial institutions actually target people who have recently declared Chapter 7 or Chapter 13 with solicitations. Even without such offers, you should be able to get approved for a secured credit card with an institution that will relay your payment history to the credit reporting agencies. There are many other things you can do to rebuild your credit, such as getting a friend or family member to co-sign with you on a loan for a car or house, paying your utility bills on-time, and saving money for a large down-payment on purchases to increase your chances of being approved for a loan. A compassionate Long Island bankruptcy lawyer can assist you throughout the process of bankruptcy, from helping you decide if this is right for you to advising you of effective financial strategies for the years to come.

Bankruptcy Attorney in Long Island

An attorney from Blutter & Blutter will work with you personally from the beginning to the end of your case, because the firm believes strongly in providing one-on-one service to its clients. With over 50 years of combined experience, they have the knowledge and understanding to resolve large and complicated cases, while maintaining all the advantages of a small law office. The entire legal team at the firm is aware of how much you want to live a life without debt, and they will work vigorously to help you achieve this goal for you and your loved ones.

Contact a Long Island bankruptcy lawyer who can help you take the necessary steps to reach life after bankruptcy.