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San Antonio Bankruptcy - Getting Credit After Bankruptcy

One of the biggest misconceptions of filing for Bankruptcy is that people think that they’ll never get credit again. To the contrary, most everyone who files for Bankruptcy will be able to get credit again. Believe it or not, in most cases you can get credit within days or weeks of The Discharge in Bankruptcy. How do we know? Well at The Law Offices Of R.J.Atkinson, our clients in San Antonio, New Braunfels, Kerrville, Boerne, Seguin, Bandera, Helotes, and in other places throughout the San Antonio area who have chosen to file for bankruptcy have shown us the offers for credit they have received after bankruptcy. Sometimes we even receive offers for our clients after their bankruptcy discharge.

Getting Credit after Bankruptcy is Easier than you think

If you watch TV, listen to the radio, read the newspaper or surf the Internet you will see advertisements offering credit to people who have filed for Bankruptcy. There are a number of lenders who are willing to mortgage homes, finance vehicles, and issue credit cards because they know you are out of debt. Although these credit offers will probably be at higher interest rates you will at least have a fresh starting point to begin to rebuild your credit. Since the credit rating you had right before filing for Bankruptcy probably wasn't that good to begin with a new start at a higher interest rate and a clean slate is better than no start at all.

Since a bankruptcy filing will stay on your credit report for up to 10 years and some lenders may see you as a credit risk because you have lawfully written off or discharged most of your previous debts. The fact is, you will probably have the ability to repay any new debt obligations if your income is now freed up. Creditors know that after you receive a Chapter 7 discharge you can't declare Chapter 7 Bankruptcy again for eight more years. Creditors also realize you will most likely want to re-establish your credit sooner than later and that the likelihood of a person filing a Chapter 7 Bankruptcy more than once in their lifetime is fairly low.

There is credit available to people who have filed for Bankruptcy and interestingly, more often than not, people who file a Chapter 7 Bankruptcy seem to have a much easier time re-establishing credit than those who have filed Chapter 13 Bankruptcy. Some times having a Bankruptcy on your credit is better than having late payments, judgments, and other negative information without a Bankruptcy Filing. Some creditors consider a new clean slate better than an old marked up one.

There are of course downsides to having a Bankruptcy on your credit. Some employers now run a credit check as part of the employment process. Some health care providers such as dentists run your credit before providing health services. And, credit is most always one of the factors considered by insurance companies when issuing or quoting an insurance policy. If you have a Bankruptcy you may have much higher rates for insurance. And, even though it is your constitutional right to seek Bankruptcy Protection to address your debt responsibly, creditors, banks, lenders and even family & friends can view Filing for Bankruptcy in a negative light.

Bankruptcy is a serious decision and filing for Bankruptcy will have a lasting impact on your life as well as your credit. If you live in San Antonio, Boerne, New Braunfels, Converse, Helotes, Kerrville, Comfort, Bandera, Canyon Lake, Seguin, or in Bexar County, Comal, Gonzales, Guadalupe, or Kerr County and are considering filing for Chapter 7 Bankruptcy or Chapter 13 Bankruptcy contact The Law Offices Of R.J.Atkinson for a free bankruptcy evaluation.

Contact San Antonio Bankruptcy Attorney R.J.Atkinson: 210-805-9909

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San Antonio Bankruptcy Lawyer offer Affordable Bankruptcy & Debt Relief Services. San Antonio Bankruptcy Attorney provides Low Cost Bankruptcy & Discount Rates on Bankruptcy Attorney Fees serving San Antonio, Texas.

Bankruptcy Attorney Lawyer RJ Atkinson provides Chapter 7, 11, 12, 13, Affordable Bankruptcy Help & Discount Legal Services in San Antonio
Filing Bankruptcy can sometimes be the fastest way to get out of debt and may be the most affordable way to get a fresh financial start. Chapter 7 Bankruptcy can quickly wipe out your debts, increase your credit score, stop wage garnishments, get rid of credit card debt, eliminate medical bills, stop payday loans, stop bill collectors, erase negative credit reporting, and reestablish new credit after bankruptcy. RJ Atkinson, San Antonio Bankruptcy Lawyer has payment plans to make filing Chapter 7 or Chapter 13 Bankruptcy affordable which include low cost flat fees for Chapter 7 that may be considered the cheapest bankruptcy attorney fees compared to fees other bankruptcy lawyer charge. Chapter 13 Bankruptcy can save your home from foreclosure, save your car from repossession, lower monthly payments, reduce interest rates, get rid of late fees, reduce credit card interest, payoff high credit card debt, raise your credit score, stop creditor harassment, get rid of debt, reduce debt, eliminate creditor calls at work, stop collection calls, start over financially, discharge debts and/or be debt free in 3 to 5 years. IRS tax problems, tax levies, wage garnishments, back taxes, payroll taxes, income taxes can often be handled in Chapter 13 bankruptcy. Divorce/Bankruptcy – past due child support arrears, alimony, spousal support, and divorce debt can often be handled in chapter 13 bankruptcy. The Law Offices of RJ Atkinson handles debt consolidation, loan modifications, credit card debt settlement, debt negotiation, lawsuit defense, IRS problems, credit card lawsuits, TROs temporary restraining orders to foreclosure, forbearance agreements to foreclosure, FDCPA Fair Debt Collection Practices Act lawsuits, FCRA Fair Credit Reporting Act lawsuits, credit report disputes, debt collection lawsuits, adversary complaints in bankruptcy, bankruptcies, foreclosure workouts, mortgage short sales, real estate property tax disputes, civil litigation, commercial litigation, tax lawsuits, small business bankruptcy, corporate bankruptcy, business creditor representation, and most every kind of debt related issue or financially based legal problem on a case by case basis.

San Antonio Bankruptcy Attorney at RJ Atkinson handles Personal Bankruptcy, Business Bankruptcy cases and discount legal services in and around San Antonio TX Bexar County, as well as in New Braunfels, Cibolo, Comfort, Bandera, Boerne, Kerrville, Hondo, Castroville, Medina, Poteet ,Pleasanton, Lytle, Live Oak, Leon Valley, Jourdanton, Floresville, La Vernia, Nixon, Poth, Stockdale, Carpenter, Ingram, Hunt, Center Point, Selma, Seguin, Schertz, Helotes, Garden Ridge, Hill Country Village, Fredericksburg, Uvalde, Alamo Heights, Terrell Hills, Universal City, or in the counties of Atascosa, Bandera, Bexar, Comal, Dimmit, Edwards, Frio, Gonzales, Guadalupe, Karnes, Kendall, Kenney, Kerr, Maverick, Medina, Real, Terrell, Uvalde, Val Verde, Wilson, Zavala.
Pursuant to 11 U.S.C. §528, “We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.”
San Antonio Bankruptcy Lawyer 8000 I.H. 10 West, Suite 600, San Antonio, TX 78230-3868. Bankruptcy Phone: 210-805-9909