Rebuilding Credit After Bankruptcy

The Truth About Credit Repair From a Skilled Bankruptcy Attorney

Many people have heard that Bankruptcy will destroy credit and prevent someone from ever getting a loan. They are scared to take steps toward debt relief in fear of negative financial consequences. Fortunately, much of what people hear about Bankruptcy and credit is a myth. In fact, many people find that filing Bankruptcy can raise their credit score over time because they eliminate debts and get caught up in payments.

We Inform You of the Truth

At The Law Offices of Charles M. Sabo, P.C., our job is to inform our clients of the truth about rebuilding credit after Bankruptcy. Our attorneys give honest answers to our clients' questions to ensure they understand their options to fix bad credit. We are proud to have been awarded the Trustees Recognition of Excellence Award for our integrity and honest representation of clients.

Following are some truths about rebuilding credit after Bankruptcy:

• Bankruptcy can stay on your credit report for up to 10 years. Although, it will affect your credit initially, you can start rebuilding your credit by paying off loans and eliminating debts.
• Banks and other lenders may still approve loans, although at a higher interest rate.
• Many people can get a mortgage after only a couple of years from filing Bankruptcy.
• Filing Bankruptcy and discharging debt offers a better long-term credit repair solution than continually having past due debts listed on your credit report.

From wherever you are in the Valley, call our office manager Susan at 480-820-5931 (Tempe) or 623-842-0180 (Glendale) or send us an e-mail to arrange your free initial consultation with an experienced lawyer to discuss rebuilding your credit after Bankruptcy.