A bankruptcy list is a list of organizations, firms, and individuals who had legally declared themselves as financially bankrupt. Essentially that means that all their debts have been legally discharged by the US Bankruptcy Court. Depending on the type of bankruptcy they may be absolutely debt free.

Bankruptcy information is part of the public records published by the court. Many companies specialize in gathering and selling this information to various marketing firms and consumer credit companies. These bankruptcy list companies do a good job of finding just about everyone that has had a recent court ordered debt discharge.

As a result the marketing firms will soon discover that your name is on the bankruptcy list and will be sending you various offers in the mail. These offers will include bankruptcy credit card info, financial management programs, consumer credit offers and help in purchasing everything from a house to a car.

Approximately one month after court discharge your mail box will be full of these offers. If you take the time to look at them carefully you will note that most offers are scams. If you are wise you will consider all or almost all of the offers as junk mail and send it to the trash container. Many people end up in bad schemes that place them in serious debt again and eventually back in court.

In addition many people soon become tired of all the junk mail they receive relating to their recent bankruptcy discharge. One of the best methods of handling this problem is to rent a separate mailbox at the local post office for all you legitimate mail. Even then you may soon find that the new bankruptcy list has your new address as well.

Granted there are legitimate offers from good companies. However it requires good research and advice to find credible information that you can effective use. You will find most of the offers that come in the mail contain bankruptcy credit card info.

If you have been working with a credit counseling service it would be very wise to contact them prior to applying for any credit card. Most of these services will tell you that you should live on a cash basis for at least a year or more before acquiring any credit card. Excessive credit card debt was more than likely a contributing factor to ending up in serious debt. Your credit counselor is all too familiar with the downside of being on the bankruptcy list.

If you must get a credit card to do business or manage your home then you should only apply for a secured credit card. You will have to post collateral in the form of a deposit to a special bank account to obtain this type of credit card. The card limit will be equal to the amount of the deposit. The collateral will be used to pay any credit card debt that is not paid on time. If you use a secured card wisely it can help rebuild your credit score.

Having your name on a bankruptcy list is an inevitable consequence of a bankruptcy discharge. The resulting flow of financial and consumer offers can be tempting. If you are wise you will consider most of the offers as junk mail. Failure to be disciplined may lead to being in serious debt again.

More info on your stop foreclosure information search:

Get Free Foreclosure Advice and Free Refinance Quotes
Get your free on-line foreclosure refinance quote and free advice from foreclosure mitigation specialist in minutes. Compare real offers from top national subprime and hard money lenders... more...

The Facts About Repossession And How It Works
When you face repossession of your home or your car, you may need to declare bankruptcy to save them. If creditors have a valid lien or mortgage on either your vehicle or you real estate filing bankruptcy will temporarily stop any repossession process. If you have already had your car or home ... more...

What Happens to Your Property After Repossession?
Unfortunately, there may be circumstances that occur when you are unable to pay for certain properties such as your home or car. If you do not make your payments on the property for a period of time, it can be repossessed. The repossession of the property is where the owner or lender can take back ... more...

10 Surefire Ways To Get Yourself Into Major Debt And Get Your Home Repossessed!
So, you want to be repossessed? Here are my top 10 tips for getting your property repossessed. (and hopefully by doing the opposite, you can avoid it!) Buy a house, any house. Don't waste time worrying about how on earth you will pay for the thing or whether it is within your budget - as long as ... more...

Why Should I File for Bankruptcy?
Financial problems these days are very common and you shouldn't be ashamed of admitting your too far into debt. Outstanding debts can occur in a variety of different ways. You could be swamped with overwhelming medical bills, laid off from work, or worse. Financial troubles loom everywhere, but ... more...