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The Truth about Bankruptcy’s Impact on Credit Score

Written by bankruptcy-cpr

Contrary to popular belief, bankruptcy’s impact on credit score is more of a positive impact than a negative one.  It is not uncommon for a person to see an 80-150 point increase in credit score in as little as a year after filing bankruptcy. How is credit score determined? A credit score is a three

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Supreme Court rules that junior mortgage liens (i.e. 2nd) can not be stripped in Chapter 7 cases. Bank of America, N.A. v Caulkett

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Latest Statistic: 310,597 Chapter 7 cases and 117,784 Chapter 13 cases filed between Jan. 1, 2021 and Sept. 30, 2021.

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