Post-Bankruptcy Survival: Making The Most Of Your Financial Fresh Start

One of the biggest reasons that some post-bankruptcy debtors fail to financially thrive after their bankruptcy discharge is that they don't understand the basics of personal finance. At first, some post-bankruptcy debtors are extremely frugal to a fault; but within a few years they begin making the same mistakes and need to consider bankruptcy again. [...]

By |2021-01-12T14:31:13-06:00August 2nd, 2011|After Bankruptcy|Comments Off on Post-Bankruptcy Survival: Making The Most Of Your Financial Fresh Start

Post-Bankruptcy Survival: Avoiding The Pit Falls Of Credit Card Balance Transfers

So you're out of bankruptcy for a few years now and you're ready to take your credit restoration efforts to another level. You already have a few low-credit, high interest rate credit cards; but you just qualified for new credit card with low interest and a high limit. Should you transfer the debt from your [...]

By |2021-01-12T14:31:45-06:00July 25th, 2011|After Bankruptcy|Comments Off on Post-Bankruptcy Survival: Avoiding The Pit Falls Of Credit Card Balance Transfers

How To Prevent Financial Disaster From Striking Twice

We've talked about what to do when faced with debt troubles after bankruptcy; but what can a post-bankruptcy debtor do to prevent financial disaster from striking twice? Let's take a look at a few tips: Post-bankruptcy debtors should never mistake a money draining liability for an asset. One of the most common mistakes post-bankruptcy debtors [...]

By |2021-01-12T14:34:12-06:00July 6th, 2011|After Bankruptcy|Comments Off on How To Prevent Financial Disaster From Striking Twice

Post-Bankruptcy Survival: Banks Nickel And Dime Customers

As banks begin to feel the pinch due to credit card fee restrictions implemented by the Credit CARDAct, many financial institutions have begun to nickel and dime existing and new banking customers. For debtors exiting bankruptcy the new fee-heavy bank policies can be financially painful. Below are a few tips on how post-bankruptcy debtors can [...]

By |2021-01-19T12:22:29-06:00May 24th, 2011|After Bankruptcy|Comments Off on Post-Bankruptcy Survival: Banks Nickel And Dime Customers

Post-Bankruptcy Survival: Avoiding New Banking Fees

How to Avoid the Banking Fees As the recession rages on, many banks that once offered free checking are now implementing new fees and/or raising existing fees on accounts. For debtors exiting bankruptcy, these fees can be a hindrance to their financial goals because they can add up to hundreds of dollars a year once [...]

By |2021-01-19T13:17:27-06:00April 1st, 2011|After Bankruptcy|Comments Off on Post-Bankruptcy Survival: Avoiding New Banking Fees

Post-Bankruptcy Survival: Handling Delinquent Debts

Bankruptcy is about getting a fresh financial start; but sometimes despite our best efforts we can't help but to end up falling behind on debt after bankruptcy. If you find yourself defaulting on debt after bankruptcy due to unforeseen financial setbacks, below are a few tips on how to get back on track. The first [...]

By |2021-01-19T15:40:57-06:00February 9th, 2011|After Bankruptcy|Comments Off on Post-Bankruptcy Survival: Handling Delinquent Debts

Don’t Be Bullied By Lenders After Bankruptcy

Rebuilding your credit after bankruptcy is important; but many post-bankruptcy debtors become so anxious to get credit after they exit bankruptcy that they allow lenders to bully them into bad deals. Let's take a look at some of the bully tactics debtors should avoid falling victim to: High interest, high fee, "blood sucking" credit cards [...]

By |2021-01-19T15:41:09-06:00February 8th, 2011|After Bankruptcy|Comments Off on Don’t Be Bullied By Lenders After Bankruptcy

Post-Bankruptcy Survival: Spending Less Than You Earn

Living beyond your means is almost an American pastime; but it didn't use to be this way. Long before consumer credit became the norm, Americans made it a rule to live within their means. For the debtor who is exiting bankruptcy, becoming in tune with this seemingly lost tradition (which seems to be making a [...]

By |2021-01-19T15:41:43-06:00January 12th, 2011|After Bankruptcy|Comments Off on Post-Bankruptcy Survival: Spending Less Than You Earn

Post-Bankruptcy Survival: The Case Against Being An Authorized User

Bankruptcy Authorized User One of the main financial goals of debtors exiting bankruptcy is to rebuild their credit. There are several ways to accomplish this goal; but one method, becoming an authorized user on another person's credit card account can be a bit risky for the post-bankruptcy debtor. Let's take a look a few of [...]

By |2021-01-19T15:41:53-06:00January 10th, 2011|After Bankruptcy|Comments Off on Post-Bankruptcy Survival: The Case Against Being An Authorized User

Post-Bankruptcy Survival: Things To Consider Before Buying That Car

What You Need to Consider Before Buying a Car You've been out of bankruptcy for a few years and now you need a new car - or at least you believe you need one. Should you make repairs to your old car and try to keep it alive a few years longer, should you buy [...]

By |2021-01-19T15:42:02-06:00January 8th, 2011|After Bankruptcy|Comments Off on Post-Bankruptcy Survival: Things To Consider Before Buying That Car
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