Bankruptcy law is designed to give you a fresh start.
It is often the first step towards goals such as buying your first home or starting a small business that would be impossible while carrying an overwhelming debt load. Yes, you can start a business after a bankruptcy, you can even start one during your bankruptcy. The same is true for buying a house or a car. If you need a car or you want to purchase a home, you can do those things during your bankruptcy or wait until your case is complete – the choice is yours! You will not be cast out into the wilderness where you can’t obtain a credit card or car loan because of the bankruptcy case.
Bankruptcy is a system of Federal laws designed to operate as a solution and offer a path to achieve a fresh financial start. Most people find that their credit score begins to improve within six months of filing their case.
Please remember that this is a very basic description of bankruptcy law and not legal advice. We can discuss your situation in detail during a free, confidential consultation with an attorney who will explain how bankruptcy law fits your specific situation. Contact us today at www.meredithlawfirm.com to schedule an appointment at your convenience. We are a debt relief agency.