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.

Maintaining a Good Credit Score

It is important for you to maintain a high credit score if you have plans to apply for loans or buy a large-ticket item, such as a car or house. Creditors, on the whole, are not willing to give large sums of money to individuals who appear to be unreliable in paying back the money. Individuals with low credit scores, therefore, are considered to be risky investments. Most often, they will be denied loans.

Once you have good credit, however, it is relatively easy to maintain a stable score. There are several simple steps you can take on a daily, monthly, and yearly basis that will ensure your credit score remains high and you are given the financial freedom to receive loans and make large purchases.

The following steps will take a certain amount of diligence, but they are easy to achieve if you are determined to maintain good credit:

  • Review your monthly spending routine, so that you know what your limit is and what purchases you can reasonably cut out of your life
  • Use your credit cards regularly, but don’t spend outside of your limits
  • Make sure you pay all of your bills off on time
  • Don’t close old credit accounts – this can actually harm your credit rating

Remember: if you want financial freedom, then it is also your responsibility to take these steps toward maintaining a good credit score.

Contact Us

If you would like to learn more about maintaining your good credit, or if you are looking to start over through filing for bankruptcy, then the Birmingham bankruptcy lawyers of Greenway Bankruptcy Law, LLC can help. To speak with us about your situation, contact our offices today by calling (205) 324-4000.

"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