Credit rating affected by bankruptcy?

How will bankruptcy affect my credit rating?

Filing for bankruptcy has a negative effect on your credit rating. In the majority cases, if you are diligent about your future payments, you will be able to rebuild your credit within the next few years. Bankruptcy is not as devastating as it might seem. In many cases, it is the best option for debt resolution, and you will come out of it with the potential to make a new financial start.

If you would like to learn more about how bankruptcy can affect your credit rating, contact Tacoma, Seattle, Kirkland, Bellevue, Bremerton, Everett bankruptcy lawyer Ryan Nykamp today at 425-289-9873.

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