Is filing for bankruptcy going to destroy my credit? | Orlando Bankruptcy Attorney

Common Bankruptcy Myths

There are many myths surrounding bankruptcy. One myth is that filing for bankruptcy will destroy your credit. In fact, the opposite is usually true; after filing for bankruptcy, many people’s credit scores go up! This has to do with how credit scores are calculated. When you file for bankruptcy, it essentially gives you a blank slate. Often, credit scores will go up 100-150 points in the first year alone after filing for bankruptcy.

Hire an Orlando Bankruptcy Lawyer

Don’t let the fear of life after bankruptcy keep you from making one of the smartest business decisions of your life. Contact an experienced Orlando bankruptcy attorney, like those at Price Law Firm, to discuss your bankruptcy options. Call the Price Law Firm at (407) 834-0090 for a consultation.

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