Before our clients file a bankruptcy petition, the Law Office of Neil Burns’ advises our clients of their rights. The bankruptcy statute is designed to protect consumers, our clients, from creditors and to give them a “fresh start” in their financial life.

Notwithstanding what you may hear from the media and creditors out there, the “fresh start” our clients get really works: you will be able to reestablish credit so you can finance homes, motor vehicles and get new credit cards

The law will stop wage garnishments, motor vehicle repossessions, and all lawsuits, including home foreclosures.

The following are proven ways to rebuild your credit:

1. open a bank account and make regular deposits
2. apply for a debit card with your bank and use responsibility
3. apply for or more credit cards and use them responsibility
4. pay all bills on time
5. if you need a loan, get a responsible co-signer
6. be careful where you seek credit as some creditors will overcharge
7. avoid “payday loans”
8. write to credit reporting agencies explaining your situation, especially when it improves following bankruptcy
9. live within your means: this is the most important lesson following bankruptcy. Our clients tell us that after their fresh start, they really learned this lesson and are much more successful with this strategy.