How does a Chapter 7 Bankruptcy affect your credit?
A Bankruptcy will stay on an individual's credit report for up to 7-10 years. However, for most people considering Bankruptcy, their likelihood to obtain credit after filing will improve. Creditors are more likely to lend to an individual who has just gone through a Bankruptcy over an individual who is about to file. If you are considering making any large purchases, I recommend a consultation to discuss how it could affect Bankruptcy.
Jonathan Brent
462 N Taylor Ave Suite 106
St. Louis, MO 63108
(314) 200-5346
contact@lawbrent.com
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