Bankruptcy And Your Credit Score
Turn Your Credit Score Around
If you have been struggling to make payments on your credit cards, medical bills, student loans, auto loans and other debts, your credit score has probably already taken a hit. Understandably, you don’t want your score to go down any further. However, if you keep going as you have been, your credit score will most certainly continue to decrease. Bankruptcy will give you the opportunity to turn your credit score around.
At the law office of Jack B. Sabatini, Attorney at Law, in Huntsville, Alabama, we will provide you with peace of mind and guide you through the bankruptcy process with respect and compassion. Your fears and concerns are important to us. Gaining your trust and getting the results you need are what drives Jack B. Sabatini to work hard for you.
How Many Points Will My Credit Score Go Down?
It is difficult to know exactly how many points your credit score will go down when you file for bankruptcy, as the credit rating agencies are constantly tweaking their algorithms. While it is certain that your score will lower when you file for bankruptcy, it is also certain that your score will begin to increase after the bankruptcy filing.
Building Your Credit Score After Bankruptcy
Contact Our Attorney Serving Athens And Surrounding Areas
The bankruptcy will remain in your credit records for 10 years and will likely affect your ability to obtain credit and loans for a period of time. However, after you begin making regular payments and your score improves, so will your chances of being approved for credit, loans or a mortgage.
Call us at 256-534-4557 or email our law firm to schedule a meeting with bankruptcy lawyer Jack B. Sabatini. We are located in Huntsville and serve clients throughout the surrounding area in cities such as Decatur, Madison and Scottsboro.
We offer free initial consultations.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Jack B. Sabatini
Attorney at Law 108 South Side Square Huntsville, AL 35801