Will Chapter 7 Bankruptcy Lower My Credit Score?
When you file for Chapter 7 bankruptcy, your credit score will likely go down. However, there are ways to improve your credit score after bankruptcy.
If you're considering filing for Chapter 7 bankruptcy, you may be wondering how it will affect your credit score. The answer is that it will probably lower your score, but there are things you can do to improve your score after bankruptcy.
One thing to keep in mind is that creditors will still report missed payments even after your debts have been discharged in bankruptcy. So if you're considering bankruptcy, it's important to make sure you stay current on all of your payments until the date of your discharge.
Once you've been discharged from bankruptcy, there are a few things you can do to start rebuilding your credit. You can get a secured credit card, which requires a deposit that becomes your credit limit.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
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