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How You Can Rebuild Your Credit by Filing Bankruptcy in Ohio

Just because you file bankruptcy doesn’t mean that you will ruin your credit.  Many times bankruptcy can help you increase your credit score and can help you get financed.  Many times one may file a bankruptcy because they are not able to get financed and need to get a vehicle or get approved for an apartment.  By eliminating your debts in bankruptcy one will have more disposable income and creditors will be more willing to lend to you.

How Bankruptcy Helps Your Credit Score

Many times bankruptcy will help your credit score.  If there are outstanding debts that are in default or in collections, those accounts drag down your credit score month after month.  After so much time elapses, this can create the inability to get financed.  Filing a bankruptcy will eliminate the debts that are dragging down your credit score and will give you a fresh start.  After the debts are eliminated, the bills that you pay on will increase your credit score and allow one to get financed if they need to.

The Reason Why You Can Get Financed After a Bankruptcy

The reason why you can get financed after a bankruptcy is because creditors know that you have no debt and can only file a Chapter 7 bankruptcy once every 8 years in Ohio.  By having no debt and the assurance that there won’t be a bankruptcy filed anytime soon, they will finance you.

The Reason Why You Can Get Approved For an Apartment After Filing Bankruptcy

The reason why you can get approved for an apartment after filing bankruptcy is because most of your outstanding debts are eliminated.  Apartment complexes will often tell you that if you pay off a certain debt, they will approve your application.  The main debts apartment complexes look for are debts owed to previous landlords.  They will often tell you that if you pay off those debts they will approve your application.  Filing bankruptcy will eliminate the debt owed to previous landlords along with most of your other bills and can help you get your application approved.

Ways Bankruptcy Can Help You and Your Family

  • Get a Fresh Start by Eliminating Most Debts Owed
  • Cease or Stop All Creditor Collection Efforts Against You
  • Stop a Lawsuit From Beginning or Continuing
  • Stop a Wage Garnishment
  • Stop a Foreclosure / Sheriff Sale
  • Stop a Vehicle Repossession
  • Get a Vehicle Back From Repossession
  • Stop a Utility Disconnection
  • Get Driver’s License Back From Suspension
  • Rebuild Credit
  • Get Financed For a Vehicle
  • Get Approved For an Apartment
  • Stall an Eviction

The Law Office of M. Sean Cydrus Cares About You and is Here For You Every Step Along the Way!

The Law Office of M. Sean Cydrus is not just here to file your bankruptcy. We are here to address all legal issues that there may be, file your bankruptcy, represent you in court, and to give you some tips and pointers after the bankruptcy to help you rebuild your credit and to lead you in the right direction for financial success. We are here for you every step along the way and still here for you after the bankruptcy is over. We never hesitate to act quickly and efficiently when time is of the essence. Call today for a free bankruptcy consultation! Help is just one phone call away! 614-934-1544

Call Today to Schedule a Free Bankruptcy Consultation!

The friendly Law Office of M. Sean Cydrus cares and can help you craft a plan to rebuild your financial future. We understand the stress of financial worry. We use a personal approach to solving your financial challenges and are here to help you through this difficult time. We pride ourselves on the ability to provide our legal expertise with compassion and understanding. We ensure that your rights are protected and never hesitate to take immediate action when time is of the essence. We can meet with you at our conveniently located offices in Columbus and Chillicothe. Call today for a free consultation! Help is just one phone call away! 614-934-1544