Many people who are considering bankruptcy are worried about the impact it will have on their credit. Some people believe that they will never be able to buy a home or a car ever again. This couldn’t be farther from the truth, no matter which type of bankruptcy you file. At The Law Offices of David M. Offen, we understand those concerns. However, you can rebuild credit after bankruptcy in Philadelphia PA.

Philadelphia: Rebuild Credit after Bankruptcy

For many people who are considering filing for bankruptcy protection, their credit has already taken such a hit from late payments, delinquent debts, foreclosures or repossessions that bankruptcy won’t really affect their credit. After Chapter 7 bankruptcy in Philadelphia PA, your credit will begin to improve. It won’t happen overnight, but it will happen. The key is ensuring that any debt you obtain is handled correctly. This means that your payments must be on-time, every time. You should also not obtain too much credit. The credit card companies know that you can’t file for Chapter 7 bankruptcy again for quite some time, so they figure you will pay your bills or they can sue you.

Philadelphia Credit after Chapter 7 Bankruptcy

Once you have filed for bankruptcy in Philadelphia, rebuild credit after bankruptcy by obtaining a credit card. You don’t have pay off the balance on the card  every month. As your bankruptcy attorney, we can help you understand how bankruptcy can affect your credit. It’s our job to make sure you understand everything about bankruptcy, and what you can do after filing bankruptcy to improve your credit.

The Law Offices of David M. Offen has an impressive track record. Consider the following:

  • We’ve handle more than 9,500 bankruptcies.
  • Our attorney has more than 20 years’ experience in debt relief law.
  • Our law firm has over a hundreds positive reviews.
  • We offer a free consultation.

To learn more about how we can help you, please give us a call at 215-625-9600. We look forward to helping you in Philadelphia rebuild credit after bankruptcy.