Canton-Massillon Rebuilding Credit Lawyers
While you may have already decided that bankruptcy is the best way to rid yourself of debt and the stress that comes with it, you may still have concerns about what will happen to your credit and your reputation after you file for bankruptcy. Will it hurt you going forward?
At Thrush & Rohr LLC, we have more than 40 years of bankruptcy experience in northeast Ohio, and we have handled more than 10,000 cases. We have seen firsthand the benefits that bankruptcy has in providing a fresh start and a chance to rebuild good credit.
You are not alone. Over a million people seek a fresh start through bankruptcy every year. To learn more about how we can help you get debt relief with dignity, contact us.
Will Bankruptcy Hurt Your Credit?
Yes and no. While a bankruptcy will show up on your credit report for 10 years, chances are without filing for bankruptcy you will be in an even worse situation for the next 10 years. In most situations where someone is exploring bankruptcy, his or her credit is already severely damaged.
Bankruptcy will allow you to start fresh and begin rebuilding your credit by taking small steps such as opening up a secured credit card account, building a savings account and taking out loans. You will usually have to wait at least one year to obtain an auto loan and two years to obtain a mortgage loan.
Bankruptcy Help in Canton — Free Consultation
To learn more about how we can help you get a fresh start and educate you on how to reestablish your credit, contact us today for a free consultation with an attorney.
