Linda Ferrari

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How Does Bankruptcy Affect Credit

May 13, 2009 by lferrari 1 Comment

A bankruptcy is reported on your credit report as a public record, and there is no doubt that your scores will drop anywhere from 100-300 points when it first hits, depending on how many points you still have to lose in your payment history factor. Keep in mind, by the time you have filed bankruptcy […]

Filed Under: Bankruptcy, Consumer Credit Laws, Credit Education, Credit Scores, Establishing Credit Tagged With: Bankruptcy, Bankruptcy Re-List, Chapter 13, Chapter 7, Crisis, Fair Credit Reporting Act, re-establish credit, Recover, secured credit card

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Your Real Estate Expert
310-283-4782
linda@lindaferrari.com
13274 Fiji Way #300
Marina Del Rey, California 90292
CalBRE# 01949460

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