Bankruptcy doesn't have to be something bad.
It can actually be the start of something good.
Your situation is unique, and it's personal.
Your attorney should be as well.

Can I Reestablish Credit after Bankruptcy?

A common concern for many people going through bankruptcy is whether they will be able to reestablish their credit after the bankruptcy process has concluded. While this may seem like a dangerous thing for someone coming out of bankruptcy, debt is a practical part of modern life that many people simply cannot afford to go without. It is important to know that a person will still have options, even after bankruptcy.

If your finances have reached their breaking point and you need help moving towards a fresh start, you may want to consider bankruptcy. Contact the Birmingham bankruptcy lawyers of Greenway Bankruptcy Law, LLC, at (205) 324-4000 today to discuss the possible benefits of a bankruptcy filing in your particular situation.

3 Things to Remember when Reestablishing Credit

A debtor heading into bankruptcy should try to remember these three things about credit:

#1: Credit Cards May Survive Bankruptcy

A debtor has the option of affirming a credit card’s line of credit during their bankruptcy. This means that the debtor accepts responsibility for paying the debt, and it will not be discharged with other debts through bankruptcy.

#2: Many Banks Will Refuse Requests

It is a simple fact of bankruptcy that many banks will not allow debtors going through bankruptcy to apply for certain credit cards. A debtor needs to stay optimistic, but also should keep in mind the reality that most banks are unlikely to grant desirable credit opportunities to those with a bankruptcy on their record.

#3: Some Options Still Remain

Although many banks will refuse bankrupt individuals from getting cards with large credit lines, they will not necessarily stop a debtor from getting a line of credit altogether. Some banks offer credit opportunities for those with weak credit scores, although these cards may have high interest rates and a low credit ceiling.

Contact Us

If you have been struggling to keep pace with your financial obligations, it may be advisable to consult with a skilled and experienced attorney. Contact the Birmingham bankruptcy attorneys of Greenway Bankruptcy Law, LLC, by calling (205) 324-4000 today.


"When I had my power cut off because I just didn't have the money to pay the power bill, a friend suggested I call Paula Greenway. From the moment I walked in her office I felt like a burden was lifted from my shoulders."
Robin M
"I would just like to say that I was impressed by the staff of Greenway Bankruptcy Law, LLC and their attention to professionalism. They made the bankruptcy process not only pleasant but simple."
Jennifer S.
I can't tell how comforting it is to know your attorney is working on your case. I would and have recommended their service to friend and associates."Ed H.
"I would like to thank Greenway Bankruptcy Law, LLC for the way in which they handled my bankruptcy case."
Robert M.
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Greenway Bankruptcy Law, LLC
505 20th St N #1220
Birmingham, AL, 35203
Phone: (205) 324-4000
Tuscaloosa: (205) 737-3350
Gadsden: (256) 467-6650

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Greenway Bankruptcy Law, LLC All rights reserved. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. The following language is required pursuant to Rule 7.2, Alabama Rules of Professional Conduct. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

Greenway Bankruptcy Law, LLC 505 20th St N #1220, Birmingham, AL, 35203 | Phone Number: (205) 324-4000