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.

Preventing Debt

So, you’ve filed for bankruptcy and you are off to a fresh start. You don’t want to slip back into the same routine of accruing debt, but you are unsure of how to establish stable spending habits. Preventing debt is relative simple, provided that you stick to certain rules you set for yourself. By following these financial strategies, you can avoid the stress and hassle of large and unmanageable debts:

  • Set a Budget. And stick to it! Many people create budgets for themselves but they allow themselves to step outside of them for “special occasions.” Don’t let yourself do this – plan ahead with your spending, if there is a large-ticket item you want to purchase.
  • Keep your finances well organized. This step goes hand-in-hand with setting a budget. By staying on top of your finances, you will always know when you are reaching the end of your budget, and you can plan accordingly.
  • Be careful when using credit cards. While it is important for you to use your credit cards, in order to build up (or restore) your credit, always use them to buy things you know you can pay off relatively soon. Lax credit card use is one way that people slip in over their heads in debt before they even realize it.
  • Save! You never know when you may need to dip into your savings. With every paycheck you receive, put some of it away for a rainy day.

Preventing debt can be easy – and it is an integral part in maintaining your financial security.

Contact Us

Birmingham bankruptcy lawyer Paula Greenway can help you if you are ready to file for bankruptcy and embark on a fresh financial start. To speak with us about filing for bankruptcy and taking the right steps toward debt prevention, contact Greenway Bankruptcy Law, LLC today at (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