Filing for bankruptcy might feel like the end of your entrepreneurial journey, but it doesn't have to be. Many successful businesses have grown from the ashes of financial setbacks. While challenges exist, starting a business after bankruptcy can lead to economic...
Helping With Your Financial Future
Life After Bankruptcy
Can people who file for bankruptcy obtain a mortgage afterward?
There are many different reasons that people give for delaying a bankruptcy filing. Some people worry about the social stigma if their friends or coworkers find out about the bankruptcy. Many others worry about the long-term credit implications of a bankruptcy filing....
What to tell your kids when you’re filing for bankruptcy
Financial struggles impact the whole family. Explaining a decision to file for bankruptcy to your kids in a way that’s both honest and reassuring is important. While it may be tempting to shield them from the realities of bankruptcy, children can often sense when...
Dealing with negative emotions after bankruptcy
Filing for bankruptcy is a major decision that sparks a lot of emotions. Unfortunately, the negative emotions often take over. One thing that many filers often feel is shame. However, bankruptcy is nothing to be ashamed of. With millions of people in the U.S....
Climbing out of the hole: Rebuilding your credit after bankruptcy
Bankruptcy can be a life raft during financial turmoil. But once the immediate storm has passed, you might wonder how long it will take to rebuild your credit score and secure a brighter financial future. The truth is, there's no one-size-fits-all answer. The time it...
Rebuilding your credit score after bankruptcy
If you file for bankruptcy, it’s important to know how to rebuild or repair your credit score. This score is going to go down due to the bankruptcy filing. This can make it more difficult for you in the future if you’re trying to get credit cards, get a car loan, take...
What if you are getting divorced AND need to file bankruptcy?
If you and your California spouse are contemplating divorce and have a significant amount of debt, the timing of your bankruptcy filing can affect your divorce negotiations. If you and your spouse agree on a course of action, you can realize additional financial...
Recovering from bankruptcy: 5 ways
After filing for bankruptcy, there is a period of financial recovery that requires careful planning and disciplined action. Understanding the challenges ahead and taking proactive steps can help you rebuild your financial health. Here are five ways to recover from...
Your credit isn’t permanently damaged after bankruptcy
Bankruptcy is an opportunity for a financial reboot. It provides a chance to reevaluate your spending habits, create a realistic budget and establish healthier financial practices. In the wake of bankruptcy, the financial road to recovery might seem daunting, but it’s...
Financial steps after bankruptcy
When a person’s debts become excessive, repaying creditors could prove challenging. When California residents find it impossible to repay their debts, they may file for bankruptcy. Bankruptcy can provide relief from overwhelming debt and offer a fresh financial start....
