Welcome to AfterBankruptcyOnline.com!  We are here to provide a message of inspiration along with some helpful tips and instructions for those dealing with post-bankruptcy issues.

Get in the blocks

You have to start the race before you can finish it.  Get in the blocks, set a pace you can stick with, and perseverance will get you there!

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Looking for your credit score?

Don’t assume a post-bankruptcy credit score is lost forever to the depths of the abyss.  There are things you can do that just might bring it back.

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Jumping without a net?

Bankruptcy was a huge leap, and there’s no going back.

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Life after bankruptcy

From the blog…

You’ve got to fight for the right to complain and be heard

 Those who post negative reviews on line have come under increasing scrutiny, and in some cases they are getting “net punished” by big review and social sites. Negative reviews on Yelp and TripAdvisor can be risky. Some businesses have “gag clauses” in the fine print of their service agreements. These clauses are intended to shut you up. Some internet firms have threatened legal action against complaining customers or imposed financial penalties on them. The legislatures in two states, California and Maryland, have enacted laws that prohibit anti-disparagement clauses in consumer contracts. Other states are in the process of passing similar legislation. The California law bars companies from using non-disparagement clauses unless consumers knowingly and voluntarily waive their right to complain. Violators can be punished by a civil penalty of $2,500 for the first violation, $5,000 for each subsequent one, and an additional $10,000 for “willful, intentional, or reckless” violation of the law. Maryland state delegate, Jeffrey Waldstreicher, sponsored the bill that was passed there. He asserts it is a consumer rights issue. If consumers are discouraged from writing critical reviews and making legitimate complaints on line, the result “starts to chip away at our whole system of e-commerce.” Waldstreicher said he was especially outraged when he learned that a wedding venue had forced brides and grooms to sign a clause in their agreements that exposed them to legal damages if they or any of their guests wrote negative reviews. The Maryland law, signed by Republican Gov. Larry Hogan in April of this year, considers gag clauses an unfair and deceptive trade practice under the state’s consumer protection law. Merchants who violate the law are subject to civil and...

Smart Way to Use Credit When You Are Starting Fresh

This post works for newbies with no credit history as well as it does for those of you who are starting over. In one scenario you have little or no credit history, and you are looking for a way to get history in your credit history. In the other scenario, you’ve already been through a personal financial crisis. It was a tornado that ruined your credit history and sent your credit score plummeting. Now, you are in recovery mode. Your income and expenses have stabilized. You have begun to clean up your credit report. (If not, take a look at this information about how you clear the wreckage.) Now you are ready to use credit to build your credit. The short answer is get some credit and use it carefully. Using credit is the only way to make new credit history. Using it properly is the only way to make good credit history. Ask yourself, “What’s the best way to use my credit account when I’m starting out or I am in credit recovery mode?” These suggestions will help you figure an answer. Create a personal credit ceiling. Look at your budget. What is the largest payment you can comfortably afford to pay each month? Comfortably means with a cushion, with money left over for emergencies. Multiply this by 12 months or less. The total is your personal credit ceiling. Don’t borrow more than this on your credit account… just don’t go there. For example: can you comfortably pay $100 per month? Then, multiply $100 by 12 months. Your personal credit ceiling is $1200. ————————————- Credit Tip: Do not...

How To Save Money On Your New Car Or Truck

Most car buyers know that leasing will reduce their car payment. However, many of those same buyers have never heard of something known in the car business as a “brass hat.” They don’t know that the brass hat is a factory executive demo/program car. They don’t know you can lease a brass hat vehicle for about one-third of the monthly payment for a typical purchase payment. You do this with the help of a relatively obscure lease opportunity available on something known in the car business as a brass hat. These brass hats are factory executive demo and program vehicles. They are typically very low mile cars drive by the executives at major car manufacturers. Most have not been previously titled. The buyer is the first owner. (If they have been titled, they were titled for use in a promotional program of one kind or another. In that case, they will have VERY low mileage, often less than 300 miles.) Brass Hat vehicles, such as these, go through a new car make-ready before they are sold, and they come with a full new car warranty. Actual Prices Change from Day to Day, Deal to Deal You Knew that Already, but the Lawyers Make Us Say It Anyway In the examples below you see the difference between new car purchase, lease, and the brass hat lease. For our example we will use an entry level sedan and a top of the line luxury vehicle: the 2015 Hyundai Elantra and the 2015 Hyundai Equus. Both of them will be the loaded versions with all of the typical upgrades that come with the “limited” and “ultimate” editions, respectively....

Warning: Distracted Driving Causes Bankruptcy (or Worse)

What is distracted driving? Distracted driving occurs when a driver operates a motor vehicle while doing other things that divert the driver’s attention from the primary task of driving. It is really simple. You cannot drive safely if you are engaged in activity that takes your mind off your job and your eyes off the road. After we have been driving for a few years, we do it by habit. We do not have to think about the many things that are required to drive properly. Because we learn to do it habitually, we can be deceived. We can be tempted to think we can safely do other things. The truth is that driving requires that we pay attention to the road ahead and the traffic around us. The first, last, and only important job of a driver is safe driving The driver of a motor vehicle has a duty to operate the vehicle in a safe manner. He or she has an obligation to care for the lives and safety of passengers, the safety of those riding in other vehicles, and pedestrians, as well as other vehicles in the traffic flow. The driver should wear one hat, and it says “driver.” It does not say “texter,” “telephone operator,” “DJ,” “MC,” or “waiter.” Those who drive while wearing other hats should go ahead and put on another hat that says “Killer. They cause death and destruction every day, everywhere they go. In the United States, distracted drivers are responsible for approximately TEN DEATHS each day. They also cause more than ONE THOUSAND SERIOUS INJURIES each day. Almost one out...

Yes, there is life after bankruptcy!

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