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February 2016 Archives

Rebuilding credit an important task after bankruptcy process is complete

Last time, we spoke briefly about the impact bankruptcy will have on a debtor’s credit score. As we noted, filing for bankruptcy will cause an immediate and significant drop in one’s credit score, and the filing itself will remain on one’s credit report for a number of years.

Considering the effect of bankruptcy on a debtor’s credit score

Those who find themselves in a position to begin considering the possibility of filing for bankruptcy are most likely well aware of what their credit score is, and the impact of credit score on one’s overall financial health. The reality is that one’s credit score does have an enormous affect on one’s financial life.


Richoux Law Firm, L.L.C.
110 E. Kaliste Saloom Road
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Lafayette, LA 70508

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