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Your Credit Score Is Not Ruined Forever After a Bankruptcy Filing


Filing for bankruptcy can be a frightening process. It’s a common fear that your credit score is ruined forever after filing, however this is not always the case. Your credit score will drop right away, but it’s possible to rebuild your score after bankruptcy if you are proactive and patient.


A Chapter 7 bankruptcy typically stays on your credit report for 10 years while a Chapter 13 version stays on your report for seven years. During this time, you should take steps to improve your financial habits and maintain good credit practices. This includes paying bills on time and having lower balances on any accounts you may have open. Additionally, having several types of accounts - such as a mix of revolving debt (like a credit card) and installment debt (like an auto loan) - can help improve your score over time.





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!


Schedule your free consultation today! By Calling 626-338-5505 or visiting us at the 12738 Ramona Blvd Baldwin Park CA 91706







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