Protecting Your Credit Score
When people are overwhelmed by debt and considering bankruptcy, one major concern is that filing bankruptcy will negatively impact their credit score. The reality is that the impact of bankruptcy on a person's ability to get credit is not nearly as bleak as most think. In many cases, the issues that have led to a person considering bankruptcy have already caused serious damage to that person's credit score. It may not get worse. Sometimes, it even gets better soon after filing bankruptcy.
I am Boston bankruptcy attorney Kenneth C. Ackerman. I can help you understand how filing bankruptcy will impact your credit. Call me at 617-892-4334 (toll free 866-936-5506) or contact me by e-mail to schedule a free initial consultation.
Bankruptcy Will Appear on Your Credit Report
The truth is that bankruptcy will stay on your credit report for seven to 10 years. However, just because it is there does not mean it will have a negative impact. There are ways that you can start rebuilding credit. For example, you may be able to work with a local credit union to get a small loan that you can make frequent payments on. You may find that you even get credit card offers. Of course, it is important to use care when getting credit. It has to be necessary and it has to be manageable.
I will talk to you about your long-term goals, and I will be completely honest with you. After reviewing the specifics of your situation, I will tell you whether or not bankruptcy will make sense for you. In most cases, if you have considered bankruptcy, it probably makes sense, but that is a decision that can only be made after a thorough review of the options. If bankruptcy does not make sense, I will advise you of alternatives.
Put My Experience to Work for You
As a bankruptcy lawyer, I have helped people throughout Massachusetts get fresh starts on their finances. My office is conveniently located in the heart of downtown Boston, directly across from City Hall Plaza and the Government Center T-stop.
Schedule a free, no-obligation initial consultation by calling 617-892-4334 (toll free 866-936-5506) or contact me by e-mail.
My law firm is a debt relief agency. My law firm helps people file for bankruptcy relief under the Bankruptcy Code.
