Bankruptcy and Your Credit
Filing for bankruptcy and your credit score are linked. When a person files for bankruptcy your credit report will reflect that filing for up to 10 years. To minimize the impact your credit score takes from a bankruptcy filing you should consult an attorney.
For assistance with your case, click here to find Bankruptcy and Your Credit Attorneys near you or find an attorney in a different state.
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Frequently Asked Questions
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How Long Will A Bankruptcy Appear On My Credit Report?
A bankruptcy filing may appear on your credit report for up to ten (10) years. This change on your report will make it difficult to borrow money. However, your credit rating may eventually … more -
What are the chances of renting a house during bankruptcy?
It is entirely possible to rent a house during your bankruptcy proceedings, but there are certain steps that you can take to maximize your chances of doing so. For instance, you might … more -
Will I Be Able To Get Credit After Filing For Bankruptcy?
Yes. Lenders consider many factors when determining your ability to borrow money. Filing bankruptcy will appear on your credit report but will also decrease your debt-to-income ratio. … more
Legal Articles
- Will Filing for Bankruptcy Get Rid of All My Debts?
Many people think that if they simply file Chapter 7 bankruptcy, then they will get rid of all of their debts. Unfortunately, this is not the case. There are some types of debts that cannot be discharged in bankruptcy by law. This means that even if you complete bankruptcy proceedings, you still have to pay back these debts. These debts include child support, alimony, … more - How a Bankruptcy Attorney Can Help You
Corporations and other businesses are required to declare bankruptcy through an attorney. However, individuals are allowed to represent themselves in bankruptcy proceedings. You may be tempted to declare bankruptcy without a lawyer’s assistance. The process may appear simple. You may wish to avoid involving others in a situation that is already stressful. And obviously, money can be … more
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