“Will I Ever Be Able To Buy A House After I File For Bankruptcy?”
July 5, 2018
Filing for Bankruptcy, Owning a Home After Bankruptcy
If you’ve been asking yourself this question, let George R. Belche help you answer that question by giving you a simple, “yes” answer. That is the most basic way to answer your question, however, as with all things, there is a lot involved in buying a house after you file for bankruptcy. The more specific way to answer your question is by clarifying that after you rebuild your credit, then you can buy a house after filing for bankruptcy.
In order to make homeownership a reality for you there are some important steps you can take to help you realize this dream!
- After you file for bankruptcy you will have breathing room to begin saving money each paycheck. Get into the habit of saving right away, so when it comes time to buy, you will have some money set aside for it.
- One way to begin building your credit back after bankruptcy is by using a credit card to pay some of your recurring monthly bills. Do this with caution though! Only spend what you know you can pay off at the end of every month.
- Be sure you pay all of your bills on time, every single time. Anticipate annual expenses such as taxes and car registration so you aren’t strapped for money when those big recurring bills come up.
- Keep your eye on the prize! Set financial goals and tackle them head on!
George R. Belche is your Lawrenceville Debt Relief Lawyer. If you have questions about your debt or filing for bankruptcy, call his office today for your free initial consultation.
George R. Belche, Attorney at Law
Lawrenceville, GA 30046