162 Point Increase Projected
People often ask me how filing bankruptcy will impact their credit. Well, in this particular case, CreditExpert predicts this client’s creditor score will increase by 162 points in the 12 months after filing bankruptcy. View Score Projection: Here.
Why is that? Part of the reason is that the score starts off so low to begin. Filing will remove the balance due for multiples debts and influence the score upward.
The point – sometimes your credit score improves with filing bankruptcy. And, don’t forget, if you have a great score but you can’t pay your bills on time, you won’t have a great score for long.
We are happy to answer any questions you may have on options (bankruptcy and non-bankruptcy) you may have to address your current debt challenges. Just let us know if we can help.