Getting Back to Financial Freedom After A Bankruptcy

The stigma of a bankruptcy can tarnish even the most positive person’s self-esteem. The sense of failure can feel like large black cloud is hanging over your future financial affairs. However, getting back to good financial standing after a bankruptcy is not as difficult as you might think.

In fact, if you’ve had a bankruptcy, you may not know but you’re in good company. Some of our country’s most famous business people have declared bankruptcy at one point in their life. Abraham Lincoln, Walt Disney, H.J. Heinz, and Mark Twain went bankrupt. Even Donald Trump has filed for numerous business bankruptcies and came to the brink of filing for personal bankruptcy when he was 900 million dollars in debt.

It’s not easy, but with smart advice and good spending and credit habits, you can be on your way to erasing this black mark on your credit. To help you find your way back, we’ve culled together a few of our featured articles on bankruptcy.

7 Things You Should Know BEFORE Declaring Bankruptcy
Thinking of filing bankruptcy to reduce or eliminate credit card debt? Understanding the potential consequences and alternatives is essential. Filing bankruptcy is a big step that can negatively affect aspects of your life other than your credit score. Before consulting with a bankruptcy attorney, consider the advice given in this article.

What Are The Long-Term Effects of Bankruptcy
The most often-asked questions typically deal with the long-term effects of a bankruptcy. This article gives you some guidance as to what to expect.

4 Steps to Rebuilding Your Credit After a Bankruptcy
Let’s face it – credit is something everyone needs. Learn how to begin rebuilding it straight away after a bankruptcy.

Can IRS Tax Debt Be Cleared Through Bankruptcy?
If you have a large tax debt, you maybe thinking about bankruptcy as an alternative. See if this is the right option for your situation with the tips in this article.

The truth about credit repair may surprise you. Many people go on believing that they are doomed to carry around the burden of their financial mistakes for the rest of their lives. However, with a little knowledge, you can go from bankruptcy to having a healthy credit standing and a new life of financial freedom.

Essentials