How Bankruptcy Affects Credit Score

Belleville 618.236.7000
Granite City 618.656.7941
Mt. Vernon 888.400.6763

How Bankruptcy Affects My Credit Score

It’s one of the most common questions we hear from people who are considering bankruptcy. And since everyone’s credit history is a bit different, we can’t give you a specific credit score to expect, but we can tell you this: Although a bankruptcy obviously has a negative impact on your credit score initially, it is possible to rebuild your credit score.  This will keep you from being penalized with exorbitant interest rates, or denied the job or the housing you need, because of your credit score. The higher credit score can save you several hundred dollars per month, thus helping you avoid further financial problems in the future.

Don't wait until it may be too late to seek protection under the bankruptcy law. Schedule a FREE Consultation with one of our bankruptcy attorneys and learn how the bankruptcy law applies to your specific situation. Call TBC today at 618-236-7000 (Belleville, IL), 618-656-7941 (Edwardsville, IL), or 888-400-6763 (Mt. Vernon, IL).

Memberships & Associations

memberships

Belleville Location

The Bankruptcy Center
5312 West Main Street
Belleville, IL 62226
Tel: 618.236.7000

Granite City Location

The Bankruptcy Center
2021 Johnson Road, Suite 1
Granite City, IL 62040
Tel: 618.656.7941

Mt. Vernon Location

The Bankruptcy Center (In the US Bank Building)
123 South 10th Street, Suite 202
Mt. Vernon, IL 62864
Tel: 618.236.7000

Disclaimer

The Law Offices of William A. Mueller is a debt relief agency, helping people file for bankruptcy relief under the Bankruptcy Code.