Life After Bankruptcy

If you are considering bankruptcy, you may be worried about the long-term effects. You may have heard that filing bankruptcy will ruin your credit or cause some other damage that you will not be able to recover from. Those are misconceptions. In reality, the only real long-term effect of bankruptcy is the elimination of debt.

Bankruptcy Is A Fresh Start

When you file Chapter 7 bankruptcy, the fresh start bankruptcy, the most common form of bankruptcy, you will have put your debt problem behind you in a matter of months. After that, you will have the opportunity to start rebuilding your credit and your life. The fact of the matter is that if you are considering bankruptcy, your credit is probably already damaged. Filing bankruptcy is the beginning of the repair process.

If you file Chapter 13 bankruptcy, you will have a repayment plan that lasts three to five years. You will get in the habit of making payments, and this habit will continue after all of your debt has been discharged. After you have completed the plan, you may find that you are able to get credit much sooner than you might have expected.

An Experienced Lawyer On Your Side

You will have questions about life after bankruptcy. At the Hunter Law Firm, P.A., our attorneys will take the time to provide answers. We want you to understand the process and how it will impact your future. We want you to be confident that you are moving in the right direction and that you will be able to get your financial situation under control.

Contact Us For A Free Initial Consultation

For a free, no-obligation initial consultation, call us toll free at 800-801-6029 or send us an email. From our office in Jonesboro, we represent clients throughout northeastern Arkansas. Payment plans for bankruptcy cases are available.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.