How will a bankruptcy affect my credit rating?
The damage a bankruptcy can do to credit score depends on how good your credit rating was before you file for bankruptcy.
Many people filing for bankruptcy already have many delinquent accounts. These people will see a dip in their credit rating, but it will rebound once the payments you can't make have been eliminated.
If your credit rating is good before you file, you're likely to see a significant drop in your credit score. Maybe we can find a better way to solve your financial problems.
Circle Law can help you review your financial circumstances and determine whether bankruptcy may be an option for you. Contact Circle Law.
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