Before getting right down to details, I think it’s important to mention that the personal bankruptcy process is not something that should be taken lightly. A bankruptcy claim carries with it consequences that can stick with you for many years to come, which is why it’s important to take the time to evaluate your options. A great way to do this is by speaking to a financial professional that is well versed in financial repair strategies. They will have the ability look at your situation from another perspective and they will likely be able to offer you advice that you might not otherwise receive.

Now that I have that out of the way, it’s time to talk about some real ways that you can reduce the amount of time it takes to file a claim. Both of the following scenarios involves hiring outside help, which is essential to avoid wasted time preparing and filing the required documentation –

1.    Hire a Bankruptcy Attorney – an attorney will be able to provide you with legal advice and can represent you in court when necessary. They can also complete the time consuming process of preparing your bankruptcy documents.
2.    Hire a Bankruptcy Petition Preparer (BPP) – a Petition Preparer is used solely for the purpose of preparing the required documentation, which, by the way, is the most time consuming part of the process. Although they cannot offer you legal advice or representation in court, their fees are much less than an attorney’s.

For more information on filing for bankruptcy, please consider contacting a bankruptcy professional in your area. Most offer free consultations and will be happy to explain the basics with no strings attached.

When you have filled bankruptcy and have done so for a year before attempting to open any credit cards, you have a better chance at getting a credit card than if you have just filled the bankruptcy just a couple of months prior to obtaining a credit card.

A bankruptcy does not mean that your credit score is going to become a good score once the bills have been taken care of with your bankruptcy, it just means that your bills are not any longer your responsibility while your chapter seven bankruptcy is open. The judge will determine what guidelines are set forth with your bankruptcy and you must follow these guidelines or else your bankruptcy claim will be denied and you are right back to paying those bills again.

Make sure that you are able to pay the credit cards that you are thinking of opening or else you are going to end up in the same predicament again. There are a few companies that will work with you when you are obtaining unsecured credit cards with bad credit after you have filed a chapter seven but you will need to make payments on time or your account is going to be suspended.