Watch this video about the affects of bankruptcy on a credit report in Georgia. Call Hall & Navarro today for a consultation.
Question:
What will a bankruptcy do to my credit report?
Answer:
Many people ask us how a bankruptcy will impact their credit report. The answer is: it depends.
First, many people who come to us to file a bankruptcy already have bad credit reports because they’re behind or have missed some debt payments. In those instances, a bankruptcy really does not necessarily adversely affect your credit report tremendously. A Chapter 7 will show on your credit report for ten years, and a Chapter 13 is on your credit report for seven years.
The main thing to consider is what you are doing to get yourself into a better financial situation. The goal of a bankruptcy is to help you plan better for the future so that you are able to build good credit. If you have any questions, please give our office a call.
Are you or a loved one in the process of filing for bankruptcy in Statesboro, Springfield, or Swainsboro and have questions about affects of bankruptcy on a credit report in Georgia? Contact the experienced Georgia bankruptcy attorneys at Hall & Navarro today for a consultation and case evaluation. We can help get your life back on track.
