Las Vegas, NV asked in Bankruptcy for Nevada

Q: What is the direct impact of a bankruptcy on your crefit report

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1 Lawyer Answer
Timothy Denison
Timothy Denison
Answered
  • Bankruptcy Lawyer
  • Louisville, KY

A: Your credit score will be drastically reduced and credit will cost you more than someone with good credit. However, many lenders will be happy to lend you money upon conclusion of your bankruptcy bc they know you can’t file again for eight years. It also provides you with a relatively easy avenue to rebuild your credit.

Bruce Alexander Minnick agrees with this answer

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