What to do if you're bankrupt - Americor

What to do if you’re bankrupt

“I am bankrupt.” Those are three words you dread having to say, especially if someone who struggles with debts and finances. You live in fear every time the telephone rings and you see an 800 number or a blocked number. Is that a creditor calling to get their due?


I Am Bankrupt – What Do I Do?

While filing for bankruptcy might seem like the end of the world, the reality is that it can be the beginning of a debt free life, wherein you can lay those fears to rest. With the right bankruptcy help, you can get through it stronger than ever.

As you probably know, once you have filed for protection under the nation’s bankruptcy codes, the action will stay on your credit for a decade following the judgment. However, you do not need to wait patiently twiddling your thumbs for ten years because there are steps you can take to regain control of your credit. If you are wondering what to do if you’re bankrupt, a bankruptcy “what to do” list is a great idea.


Bankruptcy “What To Do” List

There are several proactive steps that you can take in the aftermath of filing for bankruptcy, and this bankruptcy “what to do” list can help guide your recovery. Steps to a faster recovery include:

  • Check credit score for discharged debt
  • Reestablish credit as soon as possible
  • Keep older cards active
  • Do not apply for a flood of credit cards

As mentioned, bankruptcy protection is not the end of the world and you can take on the rest of your life with a clean slate.


Get More Bankruptcy Help

After filing for bankruptcy, a bankruptcy “what to do” list is a great way to stay organized as you reclaim your financial life. When you are ready to get back on your financial feet, you need to contact the financial experts here at Americor Financial to discover the best bankruptcy help, to allow you to navigate the aftermath of a bankruptcy and ensure a fast recovery without the threat of falling into debt again. Let us help you find a debt solution and reconstruction plan that works for you and your family, so that the words, “I am bankrupt,” don’t represent fear anymore, but freedom.