Life After Bankruptcy

Skilled Bankruptcy Lawyer Serving Charlotte, Mecklenburg County & All of North Carolina

If you are unable to keep up with juggling payments, making your monthly mortgage and car payments, and handling other bills, you may be considering filing for bankruptcy. Many people have heard myths, half-truths, and outright falsehoods about what life will be like after bankruptcy. Creditors, of course, want you to believe the worst.

I am Attorney Rashad Blossom. I have years of experience helping people get a fresh start from the overwhelming burden of consumer debt. I have been in your shoes. I came from a working-class family that struggled to make ends meet the same way most middle-class people do. I have seen firsthand how uplifting it can be for a family to know they will not be indebted to credit card companies forever. I know what it means for a single parent to know that money can be set aside for more useful purposes, rather than paying off a credit card.

Call me to discuss your situation. I will give you the facts about life after bankruptcy, so you can make an informed decision. From offices in Charlotte, I represent individuals and families filing for bankruptcy in communities throughout Mecklenburg County and North Carolina. Call 704-256-7766 or contact the office online to arrange a free initial bankruptcy consultation with an experienced bankruptcy attorney today.

Facts to Help Lessen Your Concerns & Worries about Filing for Bankruptcy

• Your house and car: Most people will be able to keep one family car, and they may also be able to remain in their home after filing for bankruptcy under Chapter 7. You can agree to keep making your monthly mortgage payments on time, and you can keep the house.
• Your credit rating: Yes, of course, bankruptcy will have a negative impact on your credit rating. I will show you ways you can begin rebuilding your credit rating right away. Many people will qualify for a loan in one year or less. Consider things from the creditor's perspective: you are a better financial risk now that you are no longer in over your head in debt, juggling payments every month.
• Job prospects: If you are applying for an upper-level executive management position, your prospective employer may choose to review your credit report. For most job postings, however, employers will not review your credit rating, and in some cases, they may be restricted from doing so.
• Student loans: You typically will not be allowed to eliminate student loan debt in a bankruptcy. If you are considering taking out additional student loans after bankruptcy, you will probably be restricted to federal guaranteed loans for a few years.

As part of the bankruptcy process, you will be required to participate in a credit counseling class. There is no doubt that you may find yourself living on a cash basis for a year or more following your bankruptcy discharge. During that period of time, you will find ways to budget your income and expenses and enjoy the freedom of being free from debt.

Learn more about bankruptcy on these informational pages:

• Credit card debt and other causes of bankruptcy
• Fair Debt Collection Practices Act and Fair Credit Reporting Act issues

Call an Experienced Charlotte Credit Repair Lawyer Today. Sleep Better Tonight.

For bankruptcy filing services, I offer reasonable fees based on a fair retainer and honest billing policies. Depending upon the circumstances of your case, I accept credit cards for retainer fees and billable services.

My office in Charlotte is open for consultations from 8:30 a.m. to 5 p.m. on most weekdays. Evening and weekend appointments may be available by special arrangement. Call 704-256-7766 or use the convenient email contact form to explain your legal needs and request a return call. I offer a free bankruptcy consultation, and I will not pressure you to hire me.

Blossom Law PLLC is a debt relief agency. The firm helps people file for bankruptcy relief under the U.S. Bankruptcy Code.