Columbus, OH asked in Bankruptcy for Ohio

Q: After I file for bankruptcy, how will my credit score be affected?

Related Topics:
2 Lawyer Answers

A: Usually, your score will drop some if you file bankruptcy but that is dependent on many factors besides the bankruptcy filing. I have had clients who saw their score go up shortly after filing bankruptcy. No set answer as everyone has unique circumstances. Hope it works out. Good luck!

Stuart Nachbar
PREMIUM
Answered

A: It depends on what your credit score was before you filed for bankruptcy. It also depends on if you were making your payments and if you were timely on your payments. Most people find that they will go up in credit score after a successful bankruptcy. Check with your local bankruptcy counsel

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.