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St Louis Bankruptcy Attorney: How Long Will It Take Before My Credit Score Rebounds After Bankruptcy?


Not nearly as long as you might think. In most cases, your credit score will improve by about one hundred (100) points within the first year after filing a St Louis bankruptcy. And then you can expect your score to make its way back up to where you want it within about two years after filing.

When you file for bankruptcy in the state of Missouri, it is described as a “fresh start / clean slate”. In other words, the whole idea behind such a filing is so that you can get back up on your feet, dust yourself off, and move forward in life. Bankruptcy will give you a chance to rebuild not only your life, but also your chances at rebuilding your financial standing.

So if your goal is to become a homeowner in the future (a question I get a lot from my bankruptcy clients), that is absolutely doable!! If you want to purchase a new car, or open a new business, or take a new line of credit – all of this is possible after filing a bankruptcy.

In fact, probably the biggest misperception people have about bankruptcy is that it is somehow going to ruin your life (that you’ll never be able to reestablish your credit rating). But the exact opposite is true!!! Bankruptcy is an opportunity to get yourself back into a stable situation so that you can create a better life for yourself!


This is accomplished by way of the bankruptcy court’s discharge of unsecured debt. For instance, if you file a St Louis Chapter 7 bankruptcy, then all of your unsecured creditors (such as credit cards, medical bills, payday loans, etc.) are knocked out forever. Like they never existed. Once this happens, then your standing will reverse overnight (your debt-to-income ratio will flip). And your credit score will take off thereafter!!

But that’s the whole point (to put you back into a much better position)!! And all you have to do is give us a call to get things started (or send us an email, or shoot us a text, or fill out one of our online forms)!! We will answer all your questions, discuss your full range of options and rights, and help guide you through the process from start to finish!!!

The affordable St. Louis bankruptcy attorneys at The Bankruptcy Company have been saving and protecting people’s assets for years. Our goal is to make sure that you keep the assets and property you want, discharge the debts that you want to get rid of, and do it all at an affordable cost to you. All phone conversations and office consultations are free of charge.

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