How will bankruptcy affect my credit score?

Naturally, filing for bankruptcy will negatively impact your credit score. The severity or long-term influence on your credit score will vary in each case, but after you file for bankruptcy you can begin right away to slowly rebuild it.

If you are reading this answer, you might want to discuss your situation with a bankruptcy attorney soon. For immediate assistance, please contact us.

 

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*Disclosure required by 11 U.S.C. § 528(a)(3): We, the law office of Tom Scott & Associates, P.C., are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.