Receiving Credit and Other Offers After Filing Chapter 7 Bankruptcy
Filing for Chapter 7 bankruptcy protection can offer a fresh start when it comes to your credit. While your credit score will take a hit in the short-term, you can begin to rebuild your credit by following some simple steps.
Within a few months of filing for bankruptcy, you may start to receive offers for new lines of credit. These offers may come in the form of pre-approved credit card offers or solicitations for other types of loans.
While it may be tempting to accept these offers, it's important to remember that they come with high interest rates and fees. If you're not careful, you could find yourself deeper in debt than you were before you filed for bankruptcy.
Instead of accepting these offers, focus on rebuilding your credit by using a secured credit card or taking out a small loan from a friend or family member.'
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start so FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706