How does bankruptcy affect my credit?
A Chapter 7 Bankruptcy or a Chapter 13 Bankruptcy remains on your credit report for up to 10 years. However, you can immediately begin re-establishing your credit after your case is filed. Due to the fact that you are wiping out your debts and cannot file again for 4 to 8 years, credit companies want to be first in line to extend credit to you again. By not filing Bankruptcy,
your credit report may show negative information for 7 years from the time you become current. By filing, negative reporting stops immediately. This allows you to begin re-establishing credit faster by keeping house, auto or other payments current.
This Firm is a Debt Relief Agency. We assist people through Bankruptcy.
HAMPTON ROADS LEGAL SERVICES
This Firm Is Not A Public Legal Aid Agency
Edrie Pfeiffer, Managing Attorney
If you are ready to be debt free, call Mary at 351-6223 or Dee at 340-4528. They will schedule
a no cost, no obligation appointment so we can show you how to become debt free.
a no cost, no obligation appointment so we can show you how to become debt free.
