Deprecated: Function set_magic_quotes_runtime() is deprecated in /home/articles/public_html/index.php on line 38

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/safehtml.php on line 608

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 161

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 163

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 164

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 165

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 167

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 168

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 169

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 244

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 251

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 260

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 267

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 274

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 281

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 289

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 486

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 488

Deprecated: Assigning the return value of new by reference is deprecated in /home/articles/public_html/lib/safehtml/HTMLSax3.php on line 490

Deprecated: Function split() is deprecated in /home/articles/public_html/core.php on line 281

Deprecated: Function ereg_replace() is deprecated in /home/articles/public_html/core.php on line 179

Deprecated: Function ereg_replace() is deprecated in /home/articles/public_html/core.php on line 180

Deprecated: Function ereg_replace() is deprecated in /home/articles/public_html/code/articlems.php(102) : eval()'d code on line 3

Deprecated: Function ereg_replace() is deprecated in /home/articles/public_html/code/articlems.php(102) : eval()'d code on line 4

Deprecated: Function split() is deprecated in /home/articles/public_html/core.php on line 1434

Deprecated: Function split() is deprecated in /home/articles/public_html/core.php on line 1434
Is There Life After Bankruptcy? - ArticleSanbox.com
ArticleSandBox.com The best Article database for website content


Welcome to ArticleSandbox.com - The ultimate content search engine & article directory
Submit your quality articles to our directory for free and get your writing published across the web
Signup for a Free ArticleSandbox.com account. Creating an account is fast, easy and free!
Browse the latest articles submitted to ArticleSandbox.com for reprint on your website, blog or ezine
First time here? Take a look at our editorial guidelines for submitting your articles to ensure they get approved!
Questions, Comments or Suggestions? Contact us for fast assistance
Browse our links, resources and articles for authors and publishers
 

        RSS: Subscribe to our Latest Articles

Is There Life After Bankruptcy?

  Posted By: Bass.Franklin   |   Views: 1459  |   Words: 525  |   PDF View   |   Print View   |  HTML Version
  
 
Some of the largest misconceptions people have about bankruptcy involve the implications that filing has on your future. Some people wonder whether they will ever be able to own a credit card, car or home again after filing. So, for the curious, here is the truth: you can obtain any of these things. While the process may not be easy, you can get through it. More than likely, credit is going to be difficult to get for three to five years without paying high interest rates. A credit card might be a good option in order to build credit, but there are other ways to prepare for home and car ownership that donít involve the risk and cost of high interest cards. Here are two practical ways to get started on the right foot after the fresh start of bankruptcy.

Pay Bills on Time

It might seem like a no-brainer, but there is no better way to get a fresh start than by paying your bills on time. The habit of paying bills on time and in full will reap benefits by not only from the good habits it produces but also by the help to managing expenses. For some people, this might mean a lifestyle readjustment or simplification, however that will depend on your current income. In the wake of the recent recession, many people are finding solace in a simplified lifestyle and refocusing on building up savings.

Build Up Savings

Open a checking and savings account if you donít already have one and begin to build up the saving account. There is no better way to free yourself up from financial constraints than by having cash put aside for future emergencies, expenses, or large purchases. A good rule of thumb is to put aside 10 percent of your paycheck for savings. While that may seem like a lot at first, it you can fix that into your monthly budget, it will reap benefits in the future. In fact, many lenders require individuals who have filed for bankruptcy to put a down payment of between 20 and 35 percent in order to secure a loan. That is a significant amount of money. For a $200,000 home, that would be a down payment of between $40,000 and $70,000. The only way to successfully raise that amount of money is by disciplined savings.

If you are seriously considering bankruptcy and you live in Southern California, contact the firm that focuses exclusively on California bankruptcy laws, Borowitz & Clark L.L.P. Not all bankruptcy attorneys are the same. While the process appears complicated, a California bankruptcy attorney will be able to help you understand your options and avoid making bad decisions. You get one chance to file bankruptcy right the first time. The Los Angeles bankruptcy attorneys at Borowitz & Clark know what theyíre doing, because bankruptcy is all they do. Unlike many firms, they never leave a paralegal or secretary in charge of a case. Thatís why their cases succeed at such a high rateóeven higher than many other bankruptcy firms. For a free consultation, contact the qualified Los Angeles bankruptcy attorneys from Borowitz and Clark toll-free at 800-509-3200, or visit www.blclaw.com.


About the Author

Brian Reed. Los Angeles bankruptcy attorneys To find an effective bankruptcy lawyer in the Los Angeles, California area with a successful track record, contact the law office of Borowitz and Clark at 800-509-3200.

Comments

No comments posted.

Add Your Comment

Sorry! You do not have permission to comment. If you login, you will be able to post your comments.

Link To This Article

Link to this article page using the code below. Prefer a HTML Version of this article for use on your site? Just remember that the article body, title, author bio and links may not be changed or removed. By publishing this article, you agree to all the terms in our Terms of Service.



Related Articles







 
article sand box - free website content
Main Menu Home Login Register Submit Article Latest Articles Search
Article Categories Art & EntertainmentAutomotiveBusinessCareersComputersEducationFamilyFinanceFood & BeverageHealthHobbiesHome & GardenInsuranceInternetInvestementLaw  • Bankruptcy  • Civil Law  • Copyright Law  • Criminal Law  • Immigration Law  • International Law  • Internet Law  • Labour Laws  • National, State, Local  • Patents  • Personal Injury  • TrademarksMarketingNews & EventsReal EstateRelationshipsSelf ImprovementShoppingSocietySpiritualitySports & RecreationTechnologyTravelWeb DevelopmentWeddingWriting
 
110 people browsing




article sand box - free articles for your website
   ©  ArticleSandBox.com - Free Article & Content Search Engine - All Rights Reserved