After you are excused because of your bankruptcy, your restrictions because of your debt disappear. However, the bankruptcy trustee will control all of your assets including your home. Moreover, you can only do business again that is in your name with the court’s permission. In worse cases, your future employment can also be affected.
The best thing to do for everyone in debt is to seek advice from experts whether or not to file bankruptcy. In most cases, filing a bankruptcy is the last thing to do for every debtor especially if you look at its long-term effects. You may consult a debt settlement back end company like the Debt Aid Processing, Inc. to help you know if bankruptcy is the right solution for you.