Advantages of Bankruptcy
People who file for bankruptcy are getting rid of debts and then easily obtain new credit after discharge. While in Chapter 13, many cleints often receice credit card offers while their case us still open. Our clients restore their credit beautifully after Chapter 7 discharge and also while in their Chapter 13 plans. They usually also have money in the bank and new credit to use. Plenty of offers will arrive in your mailbox from creditors offering you new credit cards. This is proof that you did not scare anyone by filing for bankruptcy and do not appear as a credit risk. Many of our clients laugh at the amount of offers they receive and some tell me they are offers from some of the same companies they listed in their bankruptcy! Please be careful to use credit carefully and responsibly.
Lee Abt is an Experienced Bankruptcy Lawyer in New Jersey - Call Today!