CALL NOW!
FREE PHONE/VIRTUAL CONSULTATION

Your After-Bankruptcy To-Do List

Chances are if you are thinking about bankruptcy or you have already filed, you are feeling disorganized and perhaps a bit frazzled. Even under the best circumstances, financial challenges can leave you overwhelmed and if chaos was part of what led you to bankruptcy, now is when you’ll need to take control of your situation and get organized.

The good news is as you move through bankruptcy, your financial burdens will lessen and you’ll begin to feel free. This is a great time to reorganize and start fresh. One of the best ways to do that is to gather all of the things you need to do to successfully emerge from bankruptcy and move forward with your life. What should be on your post-bankruptcy to-do list?

Get Organized

First and foremost, you need to get organized. You need to gather all of the paperwork related to your bankruptcy and stash it in a place that is easily accessible. This ensures you’ll be able to show your debts were discharged when the time comes to do so. This might happen when you want to borrow money or if a creditor attempts to take action against you, even though the debt was discharged. The information you’ve gathered related to your bankruptcy is the proof you’ll need to show legal action is no longer an option for the creditor.

In addition to organizing debts that were discharged, it’s also a good idea to organize those that weren’t. This helps you keep them in good standing and prevents you from slipping back down the slope of financial ruin. Debts like child support, student loans, and taxes should be in order and paid on time.

Create a Budget

Bankruptcy counseling can help you create a budget, but it won’t force you to stick to it. Take the information you learned during these classes, apply them to your situation as reasonably as possible, and create a budget you’ll be willing and able to stick to as you move out of bankruptcy. Remember, it’s also a good idea to budget for savings and to try to build an emergency fund that can help you out of a bind if and when one arises.

For some basic tips on creating a budget, check out this article from Bankrate.

View Your Credit Reports

It’s no secret those who have struggled financially avoid looking at their credit reports. Many try to avoid as much awareness of the problem as possible. The good news is your bankruptcy has helped you move beyond that feeling of dread you once experienced when the topic of money came up.

Now you have a new lease on your finances and as such, you need to protect your credit from mistakes. Make sure you are reviewing your credit report, at least on an annual basis, to avoid anything being added that doesn’t belong. You’ll also want to monitor your credit to ensure your debts were really discharged and the positive benefits of your bankruptcy show up on your report.

If you’d like to know more about how to manage bankruptcy from start to finish, we can help. Contact the Law Offices of Robert M. Geller at 813-254-5696 to schedule a consultation.

Archive

Video Testimonials

Tampa Bankruptcy Law Blog

How to File for Bankruptcy without Losing Your Assets: How an Attorney Helps You Use Florida Bankruptcy Exemptions

If you're considering filing for bankruptcy, it's important to know that you can still keep your most important assets. The...
Read More

6 Things You Can Do to Make Filing for Bankruptcy Easier

Bankruptcy is often a confusing and scary process. It can be very overwhelming to face the prospect of declaring bankruptcy,...
Read More

4 Great Bankruptcy Resources for People Struggling Financially

Filing for bankruptcy can be a daunting process, but there are many bankruptcy resources available to help you through it....
Read More

6 More Things You Should Know About Bankruptcy

When you’re considering bankruptcy, it can help to know what to expect. Understanding the bankruptcy tricks and tips available to...
Read More

How to Take Control of Your Financial Situation

Do you want to learn how to take control of your financial situation? Does it feel as if your spending...
Read More

What Can I Do If I’m Being Harassed by Creditors?

Struggling with financial problems is bad enough. It gets a lot worse if you’re being harassed by creditors. What is...
Read More

Can I File for Bankruptcy without an Attorney?

The short answer to this question is yes, you can file for bankruptcy without the help of an attorney. However,...
Read More

Can Bankruptcy Improve the Health of Your Marriage?

Marriage and money problems go hand in hand. Financial problems cause everything from minor squabbles to full-blown marriage-ending fights within...
Read More

5 Common Budgeting Mistakes Newlyweds Make and How to Avoid Them

Budgeting mistakes are common, especially when you’re young. Not all newlyweds are young adults, but many first-time marriages do involve...
Read More

When Should Married Couples File for Bankruptcy Together?

There's no easy answer to the question of timing when it comes to bankruptcy. In some cases, it may make...
Read More

Bankruptcy

For The Next 5 Days GET A FREE BOOK About Bankruptcy

Learn More

Infographics

We are A Debt Relief Agency.
We help people file for bankruptcy under the Bankruptcy Code

Pay Online Bankruptcy Courses Newsletter Subscription

NACBA Logo avvo1 avvo2 avvo3 LEA BBB Logo

Call For A Free Initial Consultation

813.254.5696

Tampa Office

Law Offices of Robert M. Geller, P.A.
807 West Azeele Street
Tampa, FL 33606
T: (813) 254-5696
T: (800) 853-7549
F: (813) 253-3405

Map And Directions

St. Petersburg Office

Law Offices of Robert M. Geller, P.A.
125 5th Street South
(Wells Fargo Financial Center)
2nd Floor, Suite G
St. Petersburg, FL 33701
T: (727) 532-3939

Map And Directions

Pasco Office

23526 State Road 54
Lutz, FL 33559
T: (813) 336-2320

Map And Directions