Welcome back. In our last post we began discussing a concern that many people have before filing for bankruptcy: how it will affect their credit score.
As we explained, it is smart to be worried about how bankruptcy will affect your credit score, but the good news is that in some cases, your credit score can actually improve after bankruptcy.
We also explained that you have more control over your post-bankruptcy credit score than you probably realize, and that it’s up to you to take the steps to increase your credit score.
Our Milwaukee bankruptcy law firm has made this easy to do by partnering with an innovative company called 720 Credit Score, which gives you an education on your credit score and provides a step-by-step guide to improve it.
Our clients who follow the 720 program often see their credit scores increase to 720 or better within one to two years of filing, which tends to be the highest credit score they have had in a long while. The best part is that we offer the program to our clients for a deeply discounted price.
We encourage our clients to take part in the program because we know that credit restoration is such an important part of starting over with bankruptcy. Bankruptcy alone can wipe your debts clean, but in order to complete financial recovery, you will also need good credit.
Good credit not only allows you to qualify for loans, leases and other opportunities, it allows you to save money while doing so by qualifying for a reasonable interest rate.
If you are someone who is putting off filing for bankruptcy because you are afraid of what it will do to your credit score, you could be making a big mistake. Talk with our experienced bankruptcy attorneys soon for advice you can trust.