There is a common misconception that filing for bankruptcy spells doom for one's financial future. In reality, bankruptcy offers a fresh start that enables you to rebuild your financial life anew. The bankruptcy attorneys of Greene Law, PC—serving clients throughout the state of Connecticut—understand the things you can do to start rebuilding your finances, no matter what type of bankruptcy you’ve filed.

Here they share three ways to rebuild credit:

• Buy A Car: You're probably thinking, "Buy a car? After bankruptcy?!" Actually, securing a car loan after filing for bankruptcy is one of the best ways to start rebuilding your credit. There are several lenders who will work with recent bankruptcy filers, and though you may end up paying a little more interest, you will be well on your way to creating a newer, stronger line of credit.
• Get A Credit Card: Again, you're likely concerned that a credit card will take you down an old familiar road of debt. But not so fast. Any unsecured card you qualify for in the wake of a bankruptcy, regardless of the type of bankruptcy you filed, will usually have a pretty low limit. And if you get a secure credit card, you draw on funds that you put into your account beforehand, meaning you don't spend money you don't have. Either way, you are taking solid steps to reestablishing your credit after filing for bankruptcy.
• Meet With A Financial Planner: A financial planner will work with you to map out your financial future and give you an idea of how your money is most wisely spent. You may want to consider creating retirement accounts or stock options as ways of renewing your cash-flow and preparing for the future. Depending on the type of bankruptcy filed, you may or may not have immediate funds to allocate to these places, but it's important to know your options. Your bankruptcy attorney at Greene Law, PC, will connect you to local resources that can help you rebuild.

Call Greene Law, PC at (860) 676-1336 to schedule a consultation with a bankruptcy attorney. You can also visit them online to learn more about their services. Taking seemingly small steps to reestablish your credit now can make big differences in the long-run; let Greene Law, PC be your guide through bankruptcy and beyond.