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As bankruptcy attorneys, Craft Law Offices in Greenville, NC are here for you throughout the entire bankruptcy process. That means that we are here to answer your questions and offer you legal advice and guidance before you file for bankruptcy, while you are filing for bankruptcy, and after you file for bankruptcy.

When it comes to filing for bankruptcy, the period that people tend to fear the most is what comes after they file. How will their life be changed by bankruptcy? Will they be able to rebuild their credit? Will they be able to buy a home? A car? Get a loan? Although we cannot predict the future for you, we can tell you what you can and cannot do after filing for bankruptcy.

The first thing that happens after you file for bankruptcy is your 341 creditors meeting. In this meeting, the bankruptcy trustee speaks with you and asks some questions to ensure that you have included everything on your bankruptcy petition. There will also be a Chapter 13 trustee present at the meeting to go over your proposed Chapter 13 plan with you. After your meeting, on the same day, you will attend an educational and helpful seminar to help you prepare for life after bankruptcy.

After this meeting, you will begin to send monthly payments to the Chapter 13 Trustee. Your payment amount is something that will be discussed at your 341 meeting. These start on the first of the month after you file. You can keep track of your payments and the amount you owe by checking online.

Your bankruptcy will remain on your credit report for 7-10 years. During this period, you should focus on rebuilding your credit by paying all of your debts in a timely manner. Avoid making any late payments at all costs as this will negatively impact your credit.

Filing for bankruptcy can be a trying and stressful time in anyone’s life. Fortunately, the bankruptcy attorneys at Craft Law Offices are here for you in the beginning, middle, and end of the entire process. Let us help you start your new financial life.