For some, your credit score will be minimally impacted. Because you are considering filing bankruptcy, it is likely that you already have repayment problems such as late payments, high balances and collection accounts. While a bankruptcy may remain on your credit report for up to ten years, but since bankruptcy wipes out your old debts, you are likely to be in a better position to pay your current bills, and in a better position to obtain new credit.
Brandee D. Iannelli
St. Charles and St. Louis Bankruptcy Attorney
St. Charles and St. Louis Missouri Bankruptcy Attorney