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How Much Of An Impact Does Bankruptcy Have On My Credit Score?

It’s our experience that people with excellent credit don’t usually file for bankruptcy.

Most of our clients come into the bankruptcy process with a credit rating that’s already been damaged by juggling too many bills with too little money, so the practical difference, credit-wise, before and after bankruptcy is minor.

They were already paying higher rates to purchase or lease things, or needed co-signers.

What changes after a bankruptcy is that our clients are able to begin establishing a good credit history, without lingering debts continuing to tarnish their hard work.

If you’re struggling with a debt load you can’t handle, the lawyers at Zelenitz, Shapiro & D’Agostino can help you decide if bankruptcy is right for you.

Call us for a free consultation today at 718-599-1111.