Will bankruptcy hurt my credit score?
More and more people are seeking bankruptcy as a financial solution. Despite the initial negative effect, it does enable you to QUICKLY REBUILD your credit and GAIN CONTROL of your finances.
Filing for bankruptcy is not an easy decision but it is often be the best, most effective solution to financial difficulties.
While bankruptcy may temporarily affect your credit score, failure to act can be even more damaging. Judgments, collections, foreclosures can be just as damaging to your credit as a bankruptcy. Unlike consolidation programs, bankruptcy helps you REBUILD your credit IMMEDIATELY.
Some further benefits to bankruptcy include:
- Consolidation of debt
- Protection from creditors
- Negotiation of new repayment plan
- Elimination of some/all debt
Contact Us
At the Law Office of Stuart B. Handelman, our Chicagoland bankruptcy attorneys are committed to making this process easier for you. We have handled many bankruptcy cases in the past and are dedicated to making this process manageable. Contact us today at 312-360-0500 to discuss your financial options.
