Palmdale Bankruptcy Lawyer

Information on Debt Counseling

If you have gone through a bankruptcy, you should feel relief at no longer struggling under a large amount of debt each month. However, the downside of bankruptcy is that it does have a negative effect on your credit rating. Having a good credit rating is necessary when you need to buy something on credit-including a home or vehicle. But even smaller items are often bought on credit, or on a payment plan, such as household appliances, like refrigerators, washers and dryers. It is essential, therefore, that after your bankruptcy you seek debt counseling from a Palmdale bankruptcy attorney in order to begin the process of credit repair, and get you back in good financial standing for your future.

All bankruptcy filings have the legal requirement of debt counseling by an accredited agency. The firm can advise you about every aspect of filing for bankruptcy and how to get this aspect of the requirements completed so you can proceed with your bankruptcy petition.

An attorney from the firm can help you reestablish your credit and advise you on the necessary steps you need to take to get your credit back up. Some of these include:

• Paying all of your bills on time. Even being a little late can have a negative effect on your credit. If you have filed Chapter 13 bankruptcy, you need to make sure you keep up with your repayment plan.
• Getting a secured credit card with a small credit limit and paying it off in full every month. This can help you slowly build up good credit, and paying it off in full will allow you to avoid interest charges.
• Checking your credit report. You can check your credit report for accuracy, and if there any discrepancies, by law, the credit agencies have to remove them, if they cannot prove their validity. This can greatly improve your credit score.
• Become a co-signer on someone's credit card. Make sure this is someone who has a good credit score and always pays his or her bills on time.

These are just a few of the ways to improve your credit score, and an attorney from the firm can advise you on more ways to get your financial reputation back up.

Bankruptcy Lawyer Serving Palmdale, Lancaster and all of Antelope Valley

At Price Law Group, the legal team assists each client through their bankruptcy procedures every step of the way. From helping each client get started and filing their claim, all the way through the discharge of their debts and repairing their credit, the attorney is there to advise you on your bankruptcy and credit. The firm has been in practice for over 20 years and have helped thousands of clients with their legal needs. Contact us today.

If you are looking to repair your credit, contact a Palmdale bankruptcy lawyer f rom the firm today for debt counseling.