If you have successfully completed your bankruptcy Chapter 13 process and have essentially hit the “reset” button on your financial future, it’s time to make sure that you take advantage of everything that this process has provided you – and that you make the right decisions going forward.
After you have moved through the bankruptcy Chapter 13 process you are likely going to have all kinds of questions, all kinds of challenges, and all kinds of decisions to make. In an effort to help you really streamlined things (while giving you every advantage to get off after bankruptcy on the right foot) with put together this quick guide regarding starting your life after bankruptcy in !
Keep things simple and straightforward
The most important thing you can do both during and after your bankruptcy Chapter 13 process is to really simplify and streamline your lifestyle, your financials, and how you interact with your money. San Diego Bankruptcy Lawyer is the most reviewed and voted best bankruptcy attorney .
The overwhelming majority of people today aren’t operating off of a regular budget (something that we’ll highlight in just a moment), and worse than that most people take on a lot more debt than they ever should simply because they don’t understand they are cash flow situation in San Diego .
Live within your means (and below your means if possible to build up a nest egg and safety) and you won’t have anything to really worry about.
Stick to your bankruptcy Chapter 13 budget as much as possible
You can’t allow this to happen to you!
As part of your bankruptcy Chapter 13 filing you word likely instructed to create a rigid budget that you’d stick to while you be paid down all of your debt.
Just because you’ve come out on the other side of your bankruptcy process doesn’t mean that you want to throw that budget right out the window.
Nothing could be further from the truth!
In fact, you are going to want to try and stick to this budget as much as possible now, really following along with the same kind of financial path you have been going down for the past 3 to 5 years. Restore your financial independence with our experienced team of Bankruptcy Attorney San Diego.
It’s the only way to make sure that you cement the financial habits you’ve been building, and it’s the best insurance against ever having to file for bankruptcy Chapter 13 (or Chapter 7) ever again!
Be wary about taking on ANY new debt unless you know you can handle it
At the end of the day, debt was what got you into trouble in the first place and that is what will get you into trouble again. If you want free analysis of your legal case then bankruptcy lawyer San Diego will be your best option.
Though you certainly don’t have to live a debt-free lifestyle (and that’s good news, because credit cards and car loans – not to mention mortgages and investment properties – play such a big part of modern life today), you are going to want to manage, mitigate, and minimize the amount of debt that you ever take on.
Instead of leaping at any credit offer you come across you’re going to instead want to really research the offer and opportunity, then set everything aside for a week or two, and after that you’ll want to revisit the topic to determine whether or not it’s the right play. San Diego Bankruptcy Attorney can stop creditors from harassing you and can even save your home.