December 18, 2017

Will bankruptcy affect my credit?

The fact that you’ve filed a bankruptcy can appear on your credit record for ten years. However, if you are behind on your bills, your credit may already be bad. Bankruptcy will probably not make things any worse. But, since bankruptcy wipes out your old debts, you are likely to be in a better position to pay your current bills, and you may be able to get new credit.

I hope I have answered some of your questions. If you would like more information or wish to set up a free initial consultation with me, you may call one of our offices at the numbers noted above.