I filed bankruptcy in 2010 back when I was a public school teacher. Since my bankruptcy, I’ve improved my credit score significantly and you can improve you score too.
It will take work, time, and a plan but you can improve your credit score after bankruptcy.
What is your credit score now? Bankruptcy will lower your creditor score but maybe not as much as you think if you already have a low credit score. A benefit of bankruptcy is that it wipes out debt. If you have less debt, you have the potential to increase your credit score but you definitely should have a plan. Bankruptcy filers frequently get lots of credit card offers soon after receiving their bankruptcy discharges. Be careful, these offers almost always involve high interest rates and high annual fees.
Do you know what factors impact your credit score?
I believe that education and knowledge is one of the key factors to building back your credit after bankruptcy. You probably already know that your credit score will impact your ability to buy a car, rent a place to live, or qualify for a mortgage. You might not have ever taken the time to learn about what factors actually impact your credit score.
Bankruptcy will most likely lower your credit score (depending on what your score is right now) but that doesn’t mean you will never be able to raise your credit score again.
I can help you understand what factors impact your credit score. And, I can help you come up with a long-term plan to raise your credit score after you file for bankruptcy.
IF YOU’RE GOING TO FILE BANKRUPTCY, YOU MIGHT AS WELL USE AN ATTORNEY WHO CAN HELP YOU COME UP WITH A LONG-TERM PLAN TO RAISE YOUR CREDIT SCORE.
Call or email me so we can start planning ways to increase your credit score after you file bankruptcy.
Eric Seyvertsen, Attorney
120 North Hunter Street #307
Stockton, CA 95202
Legal Disclaimer: I can’t guarantee specific outcomes of your case. I can’t guarantee what happened to me will happen to you.