Will Filing for Bankruptcy Ruin My Credit Score?

It is quite common for people to wonder about the effect bankruptcy will have on their credit score. Filing for bankruptcy is not a decision that should be made lightly. The magnitude of the impact will depend on the state of your credit prior to your filing for bankruptcy. If you have a lot of delinquent accounts, you have only been making minimum payments or less, and you have become unable to keep up with your financial commitments, then it is very likely that your credit score has already been negatively impacted.

Bankruptcy can help put an end to the decline, wipe your slate clean and get you back on the road to recovery. As each bankruptcy case is different, we strongly advise you obtain legal representation prior to seeking bankruptcy protection. The attorney at Bronson Law Offices, S.C. will be able to advise you of your legal options, help you determine if bankruptcy is right for you and provide you with the representation you need throughout the bankruptcy process. For the last 20 years, our lead counsel has maintained an AV Preeminent® Rating with Martindale-Hubbell®, which speaks very clearly of the level of professionalism our firm presents.

If you are looking at filing for bankruptcy and you have questions about the impact a bankruptcy could have on your credit score and your life, contact our firm right away. We will have a skilled Westchester County bankruptcy and credit restoration attorney review your financial situation and advise you of the options available to you. From beginning to end, our firm is here to provide you with the legal assistance you need to put an end to your financial woes and help you get back on track.