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.
Why Choose Ast & Schmidt, P.C.?
-
Personalized Services Tailored for You
-
Over 25 Years of Bankruptcy Experience
-
Free Initial Consultations
-
Available After Hours by Appointment
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.
-
"..Thank you Ast and Schmidt for all that you do!"
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 concerns I might have in what could be an otherwise stressful process. I can confidently say that I 100 percent trust Robert's guidance and quality of work. He and the staff go above and beyond to make sure I understand all of my options as well as the process from beginning to end. Antoinette always makes me feel comfortable when I call with questions and Robert's guidance and services have truly been a blessing in helping me transition out of some rough times so that I could move forward in my personal and professional endeavors. I can not recommend this firm highly enough. You will be well taken care of. Thank you Ast and Schmidt for all that you do!- Rena Z. -
"Throughout our experience with Ast & Schmidt, my husband and I were treated with the utmost respect and compassion."
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 and helpful to us during this difficult time. We would recommend them to anybody who is undergoing financial challenges. Everyone associated with the company is attentive and a pleasure to deal with, even regarding the most trivial matters. Certainly, when addressing the complicated issues that arise during legal proceedings, Ast & Schmidt provides seamless and impeccable attention to every detail.- Iris G.
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.
