When you file bankruptcy, your biggest priority should be righting your financial situation in order to get back on your feet. While much of your income will go directly towards paying off your debts in bankruptcy, you should do what you can to save. Whether or not you will be able to save money during bankruptcy depends on the type of bankruptcy you are filing for and a few other factors.
It’s no surprise that bankruptcy takes a massive toll on your credit score. Although the damage can last up to 10 years, it’s impact will fade over time. With the right plan, you can begin making an effort to improve your credit score before right after bankruptcy. Here are a few general tips that you should take to rebuild your credit.
Let’s face it—most lawyers are expensive. We’re well aware of that fact. When you retain an experienced and well-educated law professional, their time and services are extremely valuable, and thus their cost is at a premium. Unfortunately this sometimes means that attorneys price themselves out of the budgets of many people desperately need them. However, if you think you can’t afford an attorney, you might simply be unaware of just how much you actually can save on your costs and fees by simply being smart about what you have them do. Here are three tips for keeping your expenses down when you’re going through a legal matter, thus possibly making a lawyer you previously thought was too expensive become more affordable.