Bankruptcy Affects Credit Score

Watch this video to learn how bankruptcy affects credit score. Then call Perenich the Law Firm for a free legal consultation.

Question:

What will bankruptcy do to my credit score?

Answer:

Bankruptcy Affects Credit Score Almost always a client will ask me what a bankruptcy will do to their credit. The short answer is that it’s going to hurt your credit, but most people who are in the consideration stage of bankruptcy already have impaired credit. What I tell my clients is that, on a scale of one to ten, your finances are level ten and your credit is probably at level two in terms of what’s important. The reason is simply this – ultimately your credit will follow your finances. When a person straightens out their financial picture, the credit problem solves itself.

I’ve been representing bankruptcy clients for about 30 years now throughout Florida and the Tampa Bay area. I provide free consultations in which I carefully look at my client’s finances and consider whether to file bankruptcy and what chapter to file under. I’m happy to help.


Are you or a loved one unable to pay your debts and have questions about how bankruptcy affects credit score? Contact our experienced Tampa Bay Bankruptcy Lawyers at Perenich The Law Firm today for a free consultation and case evaluation.

Our Florida law firm helps those struggling with debt see the light at the end of a dark tunnel. Let us navigate it for you.

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