If any of your debt has been sent to collections, you may be familiar with harassing phone calls and letters from collection agencies. Like many residents of Fort Lauderdale, you might be resigned to putting up with the annoying contact while you attempt to retake control of your finances. Fortunately, there is a way to stop these phone calls and letters so you can have some peace and quiet.
If you face considerable financial troubles, you are not alone. Numerous people across the country amass serious debt that leaves them wondering how they will get back on top of their finances. Luckily, you do not have to suffer silently, as bankruptcy options exist that could potentially help you address your debt liabilities in an effective manner.
As a requirement for bankruptcy, you may be told you need to undergo credit counseling. How might this service benefit you and other Fort Lauderdale residents? Understanding how credit counseling can help you both now and in the long term may give you some peace of mind.
After experiencing a Chapter 7 or Chapter 13 bankruptcy, you might be on shaky financial ground for several years. Your credit score will have taken a major impact and you may still be trying to find your footing. One of the last things you may want to consider is getting another credit card, since credit card debt might have contributed to your problems in the first place. However, re-establishing good credit is important after a bankruptcy, and responsibly managing a credit card may be one way to achieve this. You and other Fort Lauderdale residents might consider getting a secured credit card at this time.