Mary Ann Barry - Coldwell Banker Residential Brokerage



Posted by Mary Ann Barry on 9/18/2019

No one wishes to go bankrupt, but it sometimes happens. When you understand that bankruptcy is not the end of your financial journey, you will have enough strength to start all over. It can be an opportunity to move forward and develop a better, personal financial plan.

Taking the right step is a good measure against any other round financial problem that may arise later. You will be adequately fortified against any form of financial embarrassment if you take the right step. Here are the steps to take to repair your credit card after bankruptcy. 

Repair your credit

Bankruptcy will create a lot of unwanted remarks on your credit. Situations like missed payment, overdrawn credit limit will show on your file. The fact is, some of these negative remarks should fall off once the financial distress is over. Updating your information may be delayed by the creditors, thereby impeding your efforts of rebuilding your credit card. Therefore, the first step to take after bankruptcy is to clean up your credit card.

Get a secured credit card 

Your target after completing a bankruptcy is to build better credit. It is crucial that you open a credit account that you can use to improve your score steadily. Most credit card providers approve secured credit cards readily.

Diversify with loans 

The right step to having a better credit is to go for a smaller loan that will be easy to pay back. In most cases, the loan is small, and you can use it for making essential purchases, repairing of homes, and investment. This move enables you to pay off your debt without any hassle and at the same time, build a better financial outlook. 

Irrespective of the type of loan you choose, try always to pay the bills early every month. After repaying what you owe, you can then consider taking another loan to enable you to keep diversifying and creating a good payment history in your credit file. 

Keep an eye on your credit to monitor your progress 

Monitoring your credit after bankruptcy is essential as it helps you to keep watch on your credit score. The credit monitoring service and ID theft prevention will help you in this regard. 

When you sign up for a credit monitoring service, you will be able to know your financial activities affect your credit score. You will also be able to make better decisions once your credit has improved enough to qualify you for an auto loan.




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Posted by Mary Ann Barry on 1/30/2019

Changing locations is daunting. There are a plethora of exciting things to learn and do. One that might not be on your radar ahead of the move is finding a place to source your food. Most people have a favorite grocery store. You know, it's your go-to place because you know exactly where to find things. You get what you need and are in and out in a flash.

If your chain is national, you're in luck, because most modern grocery chains have similar layouts and offer similar, if not the same, product lines. Some chains, however, go by different names in different states. In this case, each brand may have its quirks, local products, and unique layout while still offering some of the nationally branded items. If you have a loyalty card from your current store, comparable "sister" stores may be on a list on the back or the connecting website. Visit the sister store to see if it appeals to your comfort level but check out other local stores as well. Some grocery conglomerations allow you to use your loyalty points interchangeably among all their stores, while others limit access to local stores. 

For those that typically shop at farmers' markets, co-operatives, and directly from the source, finding local alternatives may be a little more difficult. Many area farmers' markets list hours and locations online, but you also might discover your local library is a better resource for information.

Some cities also boast small "mom and pop" shops that specialize in regional foods or ethnic products and spices. You might find the best ready-to-bake chicken parmigiana you've ever had at that tiny shop around the corner. And if your taste runs to more exotic fare and African, Hispanic, or Asian markets might have just the specialty items you need.

Check out local butchers, bakers, well, and even candle-stick makers for regionally sourced produce, locally baked bread, and farm-to-table livestock.

And if you prefer a more extensive, one-stop-shop type store, you may find local versions with higher quality goods or locally sourced products than the nationwide brands. Some stores even offer special-order products unavailable from other sources.

Some local stores may offer special events such as cooking classes or live music and outdoor seating with a dine-in option. Plan to explore new culinary experiences in your new home by branching out from the national chain stores to include local produce and spices, ethnic stores, and farmersí markets.




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