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What Type of Loans Can You Get After Bankruptcy?

WHAT TYPE OF LOANS CAN YOU QUALIFY FOR?

Many people are under the impression that a bankruptcy or low credit score can hold you back from securing loans with lending organizations or banks. Bankruptcy Law Professionals would like you to know that you have the potential to secure any loan you may be interested in even if you have bankruptcy currently on your report or profile. Your credit report should not hold you back if your debts have been discharged. Certain lending organizations have specific credit requirements for different types of loans. These requirements can vary depending on the type of loan you are looking to secure, and we can help you identify the areas in your credit report that may need attention and obtain the loan you need in a matter of a few months.

It is important for you to recognize that your post-bankruptcy status is an optimal period of time to continue to improve your finances. Your finances are now in a brand new condition and it will be up to you to maintain it. After your bankruptcy, you will be receiving credit offers. The banks and lenders realize that you have a clean record of debt and will be glad to issue new credit. You now have the ability to maintain the status as much as possible for you and your family’s future. Your next step after bankruptcy is to set a financial goal and start preparing your credit background to help you get there.

IF YOU ARE INTERESTED IN…
• A mortgage or home loan
• A business loan
• An auto loan
• Or any other type of loan which requires a credit check

Complete your bankruptcy with us and the rest of the way towards your financial goals will be a much easier road. Bankruptcy is simply one of the tools you can use to HELP you get to another financial opportunity. A bankruptcy is sometimes seen as the most negative part of someone’s financial life. In reality, our clients tell us that bankruptcy is the best thing they have ever done for themselves. Sure, the time when you are going through the bankruptcy is not an ideal situation to be in, but, keep in mind, the bankruptcy process in the court systems where we operate are only about 3 month processes to complete. Most people will discharge debt that would have taken 5 to 10 years to eliminate with no savings left over. In this case, you get to start saving money immediately after the bankruptcy is over because none of your money will get wasted on paying your creditors in your time of financial hardship.

If you are interested in learning more about the bankruptcy process or how it affects your credit profile, please feel free to contact our Riverside bankruptcy attorneys or our Orange County bankruptcy attorneys for their insights. You can reach us to set an appointment either in-person or by phone for an attorney driven consultation. We are available anytime at (855) 257-7671. We look forward to hearing from you.

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