Bankruptcy and your credit report

A Bankruptcy Discharge on Your Credit Report Does Not Mean You Cannot Get Credit — Most Nashville Residents Receive Credit Offers Immediately

Many people share the common misunderstandings that a bankruptcy on your credit report is a lifelong scarlet letter that permanently ruins your credit and that it takes years to get any credit whatsoever after filing for bankruptcy. Unfortunately, too many people in Nashville presume that this is true and never speak to a bankruptcy attorney to get the facts. They continue paying overwhelming interest charges instead of ever getting out of debt and getting a fresh start.

Although Chapter 7 bankruptcies appear on credit reports for 10 years after discharge, it is not uncommon for people to be able to buy cars and even houses well within that period of time. The most important thing is to show creditors that you have learned from past mistakes and now use credit responsibly. The economic recession hit Nashville residents hard over the last several years has forced many people into filing for bankruptcy. Hiring a bankruptcy attorney has given them the fresh start that they needed.

Speak with an experienced bankruptcy attorney to give you the facts about bankruptcy law if you are in worried about your financial well being. Interest fees are piling up and compounding every month you wait to get help from a professional. Get the truth about bankruptcy from an expert that can help you make an informed decision about your best course of action.