Bankruptcy Affects Credit Score
Bankruptcy Attorneys: Belleville, IL
image of credit report

How Bankruptcy Affects My Credit Score

It’s one of the most common questions we hear from people who are considering bankruptcy. And since everyone’s credit history is a bit different, we can’t give you a specific credit score to expect, but we can tell you this: Although a bankruptcy obviously has a negative impact on your credit score initially, it is possible to rebuild your credit score.  This will keep you from being penalized with exorbitant interest rates, or denied the job or the housing you need, because of your credit score. The higher credit score can save you several hundred dollars per month, thus helping you avoid further financial problems in the future.

Don't wait until it may be too late to seek protection under the bankruptcy law. Schedule a FREE Consultation with one of our bankruptcy attorneys and learn how the bankruptcy law applies to your specific situation. Call TBC today at 618-236-7000 (Belleville, IL), 618-656-7941 (Granite City, IL).