Warren & Migliaccio, L.L.P.

Dallas Family, Bankruptcy and Personal Injury Lawyers

Call For A Free Consultation (888) 550-6702
  • Our Team
    • Gary Warren
    • Christopher Migliaccio
    • Jonathan Frederick
    • Dan Varkey
    • Traci Diamond
    • Christopher R. Konneker
    • Sabah Hafiz
    • David Lane
    • Morgan Gill
    • Client Testimonials
  • Camp Lejuene Victim Support
    • How we can help
    • Top 5 Questions and Answers About the Camp Lejeune Lawsuits
    • Symptoms of Water Contamination
  • Bankruptcy
    • Debt Resolution
    • Chapter 7 Bankruptcy
    • Chapter 13 Bankruptcy
    • Benefits of Bankruptcy
      • Stop Creditor Harrassment
      • Keep Your Property
      • Stop Foreclosure
      • Eliminate Credit Card Debt
      • Repair Your Credit Score
    • Bankruptcy Myths Debunked
    • Creditor Harassment
    • Tax Debt
    • Wage Garnishment
    • Bankruptcy Video Center
    • Why Meet with Chris?
    • FREE Bankruptcy E-Book
  • Debt Lawsuit Defense
    • Being Sued by Debt Collector? What you need to Know.
    • What to do when you are being sued by Credit Card Company
    • Is it possible to be Judgment Proof?
  • Family Law
    • Divorce Timeline and Roadmap
    • Child Custody
      • Types of Child Custody Orders in Texas
      • Child Support Modifications & Enforcements
      • Child Support: The Details You Should Know
    • Contested Divorce
    • Spousal Maintenance and Support
    • FREE Divorce E-Book
    • Military Divorce
  • Estate Planning
    • Last Wills and Testaments
    • 9 Reasons You Need a Revocable Living Trust in Texas
    • Making and Funding a Living Trust in Texas
    • Is It Time to Update Your Estate Plan?
    • Dying without a Will
    • Estate Planning Packet
  • Next Steps
    • Next Step
      • Make a Payment
      • Richardson Office
      • Dallas Office
    • FAQs
    • Articles
    • Blog
    • Get Tax Transcripts or Tax Returns
    • Get Your Free Credit Report
    • How to create a Skype Account for Virtual Video Meetings

Signs You’re Ready for Post-Bankruptcy Credit Card

Post by Christopher Migliaccio Leave a Comment

Your Texas bankruptcy filing is finalized, you have a clearer financial situation and now it’s time to get back on your feet. One of the first things you’ll hear when it comes to advice on life after bankruptcy is that you need to start reestablishing good credit – but where to begin?

One of your options is getting a new credit card, but this may not be a good idea at first, especially if credit cards were your debt downfall in the past. Don’t start filling out applications left and right, take some time to consider all your credit options and talk to your Dallas bankruptcy attorney.

Your attorney will know your financial history and limits by now and will be able to advise you on the best choice for regaining credit history. When determining if a credit card is your right path to new credit look for these 4 signs that you’re ready for the responsibility:

  • you have steady income;
  • your other monthly expenses are taken care of and you have a good amount of remaining income;
  • you have researched various types of cards and have found one that gives you the best interest rates and an appropriate credit limit; and
  • you are not considering a credit card because you have purchases you want to make that you could not immediately pay for with cash or a debt card.

Basically, you need to make sure that you are not getting a card to make purchases that would be otherwise out of your spending ability – that’s how most people get into debt in the first place.

Even if you must get a card with a high interest rate, if you waited until you had steady income with funds leftover after paying your monthly expenses you should be able to pay your balance in full each month if you spend within your limits.

When you are confident in using a credit card responsibly you should apply only for 1 or 2 at a time to avoid too much prodding into your credit history. After obtaining a card you can begin small, manageable charges that can be paid off each month to help build a good credit history and put your bankruptcy filing behind you over time.

Protect Your Financial Future with a Dallas Bankruptcy Attorney

It’s not impossible to establish credit following a personal bankruptcy in Texas, you just need to go about it the right way. By working with a Dallas bankruptcy attorney you can put forth every effort to make your life after bankruptcy as easy as possible.

At Warren & Migliaccio, L.L.P. our Dallas bankruptcy attorneys want to help you make the best financial decisions for your situation. We’ve helped clients file Chapter 7 and Chapter 13 bankruptcy and work toward rebuilding a new credit history. We also provide guidance for homeowners facing foreclosure, and debtors being harassed by collection agencies.

We offer a FREE no cost consultation to discuss your reasons for filing bankruptcy. With the help of our attorneys you can make informed decisions about your financial future and work on getting your life back on track. Call us at 1-888-584-9614 or contact us online to schedule an appointment today.

Categories: Bankruptcy Tagged: Bankruptcy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get Help Now!

Schedule a Free Consultation

If you need to speak with an attorney at Warren & Migliaccio, L.L.P.  submit our contact form or call either our Richardson or Dallas location to schedule a free consultation. We’re happy to meet at your convenience. Contact our firm today for legal counsel from experienced attorneys.

Practice Areas

  • Bankruptcy Attorney and Chapter 7 & 13 Lawyer Dallas, TX
  • Chapter 7 Bankruptcy Attorney
  • Chapter 13 Bankruptcy Lawyer
  • Child Custody Attorneys
  • Child Support
  • Dallas Divorce Attorney
  • Family Law
  • Spousal Support
  • Personal Injury

Recent Posts

  • What You Should Know if Facing a TD Bank Debt Collection Lawsuit in Texas
  • What to Expect if Being Sued by Citibank for Credit Card Debt in Texas
  • Estate Planning For “Just In Case” Scenarios
  • What to Do When Being Sued by American Express in Texas
  • What to Do if Sued by Capital One for Credit Card Debt

Locations

Richardson/Plano Office
3600 Shire Blvd #205
Richardson, Texas 75082
(972) 684-5051

Dallas Office
10440 N Central Expy #800
Dallas Texas 75231
(214) 974-3965

Follow Us

facebook logo twitter logo youtube logo


More Resources
Blog
Articles
PaymentPortal

Pick a Topic and Empower Yourself

  • Bankruptcy
  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Child Custody
  • Child Support
  • Personal Injury
  • Divorce
  • Divorce & Your Children
  • Family Law
  • Stop Foreclosure
  • Spousal Support
  • Auto Accidents
HomeDisclaimerPrivacy PolicyTerms of UseContact UsSite Map
© 2023 Warren & Migliaccio, L.L.P. All Rights Reserved