Most people who file for bankruptcy relief have the potential to make their credit score significantly better after filing. However, no two credit histories are exactly the same. Therefore, the firm cannot guarantee a particular result for you.
Filing for bankruptcy relief will often eliminate debt that is currently in default status with the credit reporting agencies. Having open accounts in default negatively impacts your credit score and obtaining bankruptcy relief helps to remedy that. By eliminating that debt, you could experience a significant immediate positive impact on your score. How much your credit score could go up or down, however, depends on many factors, including where your score started and the reasons it was being negatively impacted before the filing of your bankruptcy case. For specific questions about how filing for bankruptcy may impact your credit score, please read this blog post on the subject and contact your local attorney.