Life After Bankruptcy

Life After Bankruptcy in Morristown

Helping You Build Strong Foundations for a Better Future

At Ast & Schmidt, P.C., our Morris County legal team talks with our clients about the financial decisions they made before bankruptcy and the ones they will make afterward. While bankruptcy provides tremendous relief for our clients, the financial freedom they achieve from their past problems—the light at the end of the tunnel—is something that must be protected. If certain decisions or mistakes led you to bankruptcy, this fresh start is a second chance to build better financial foundations.

Contact our team at (973) 363-2260 to schedule your free consultation today.

How We Can Help You Build Your Future

You may feel apprehensive about life after bankruptcy, but we are here to assure you that countless people experience unprecedented success after filing. While bankruptcy can negatively impact your credit, this effect is only temporary. You will have ample opportunities to rebuild your credit over time.

In fact, most people who file for bankruptcy will experience aggressive marketing from creditors almost immediately after bankruptcy. Some credit card companies will start sending solicitations shortly after the case is filed or after the discharge is granted. They will also have options available for re-establishing their credit, like using secured credit cards or store credit cards.

Additionally, timely payments on reaffirmed mortgages and auto loans will slowly rebuild your credit score. As your score increases, you become eligible for car loans and home loans/mortgages at reasonable interest rates. Under the Fair Credit Reporting Act (FCRA), the bankruptcy will eventually be removed from your credit report.

When you come to our Morristown law firm, our goal is to help you successfully file and recover from bankruptcy. We want to teach you how to protect your credit and start rebuilding your finances as soon as possible.

Our discussion and planning may involve:

  • Monitoring your credit reports to make sure the bankruptcy information is properly listed on all discharged accounts
  • Making sure that no debt-buyers attempt to collect on a discharged account after you file bankruptcy
  • Getting credit reports from the three major credit reporting companies (rather than fraudulent programs that make you pay for unnecessary credit monitoring)
  • Stressing the importance of regularly assessing your credit report for inaccuracies
  • Avoiding the type of debt that led to financial problems in the first place




As a bankruptcy law firm, we are deeply passionate about helping individuals, families, and businesses thrive after years of financial adversity. We believe in the power of bankruptcy, and we believe in your right to a second chance. Whether you filed bankruptcy because of severe misfortune, unpredictable markets, or human mistakes, we are here to give you the tools you need for years to come.

Contact Our Morristown Law Firm Today

The sooner you begin your case, the sooner you can find the light at the end of the tunnel. Bankruptcy is a complex matter, and we are proud to stand by our clients’ sides at every stage of the process—including the bankruptcy recovery period.

To learn more about life after bankruptcy or to begin your process today, call us at (973) 363-2260. We can get started with a free, no-obligation case review.

Filing Bankruptcy in Morristown?

Our team of bankruptcy attorneys at Ast & Schmidt, P.C. can take the right actions to help you achieve relief from crushing debt. We promise you, there is a light at the end of the tunnel.

Past Clients Tell Us Their Stories

  • “I have personally used Ast & Schmidt and have recommended them to friends and family members as well. Robert and Antoinette are always responsive, timely, and available to go over any questions or ...”

    - Rena Z.
  • “Throughout our experience with Ast & Schmidt, my husband and I were treated with the utmost respect and compassion. Whenever there was a question (even during COVID), Rob Schmidt was most accessible ...”

    - Iris G.
  • “Hiring this law firm was an excellent choice. Robert and Antoinette were just great. I would recommend them to whomever needs an attorney. They were responsive to my needs and were spot on with their ...”

    - Erin S.
  • “I had the pleasure of working with David Ast and his assistant Antoinette. The entire bankruptcy process was explained simply, and all shame was immediately removed. 100% recommended for any New ...”

    - Sarah F.
  • “They took care of me through both a bankruptcy and home sale. Smart, detailed, professional, as well as personable. What more could you look for? Highly recommended!”

    - Eric S.
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What Sets Us Apart

How We Can Help You 
Move Forward
  • Personalized Services Tailored for You
  • Over 30 Years of Bankruptcy Experience
  • Free Initial Consultations
  • Available After Hours by Appointment
  • Direct Advice from Our Attorneys
  • Realistic Expectations Provided

Begin Your Fresh Start

Our team has over 30 years helping clients.  Let us help you.
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