Life After Bankruptcy: 5 Steps to Rebuilding Your Credit, Finances and Emotions

by Lynnette Khalfani-Cox, The Money Coach on June 4, 2011

in Bankruptcy


Rebuilding your life after bankruptcy – including your credit rating, finances and your emotional well-being – can sometimes seem like an overwhelming task.

But if you’ve recently filed for Chapter 7 or Chapter 13 bankruptcy protection, it’s important to realize that there is life after bankruptcy. And it doesn’t have to be a life where you’re treated like a financial outcast and banished to years of credit exile.

On the contrary, life after bankruptcy can be enormously rewarding – but only for those who strategize properly and commit themselves to not wasting the second chance that bankruptcy can offer. Ultimately, how well you rebound from a bankruptcy filing depends on the post-bankruptcy steps you take to safeguard yourself against future financial calamities.

Here are five steps to speed up your recovery after bankruptcy – and help you get on with the business of living life well without the stigma of the bankruptcy process. Read the rest of Lynnette Khalfani-Cox‘s article on WalletPop

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