Tip of the Week: What about
my credit score? I hear this question a
lot when people are looking at foreclosure, short sale, loan modifications on
real estate, or when negotiating for reductions in credit card debt. GO TO THE DANGER!!! The first step is to get up the courage to
get your credit report! Then you can
talk to the appropriate professional about the possible impact that various
actions, including bankruptcy, might have on your credit score. For some people, credit scores go up
dramatically and rapidly after bankruptcy!
Credit Scores and Bankruptcy
by Helen L Marsh on Jun. 04, 2012
Summary
Closely guarded secret: Bankruptcy may help your credit score.