It happens to the best of us: an emergency, a lost job, a medical crisis. Suddenly you’re overwhelmed with bills and you have no choice but to turn to your credit card, leaving your credit score in shambles. As a bankruptcy Tennessee attorney, I meet folks everyday who could benefit from the debt relief bankruptcy offers, but who are afraid that filing will negatively impact their credit score.
In fact, many Americans believe the only way to improve their low credit score is to pay off all their debt. But what can you do if that’s impossible?
How bankruptcy can help your credit
I’m here to tell you that it’s a myth that bankruptcy destroys your credit. Sure, that may be true for people who already have a great score. But if you’re struggling with significant debt, chances are your credit is probably very low already.
Because of this myth, people will do anything to avoid bankruptcy. Instead of using this powerful tool, they try to pay off their debt by any means necessary. This includes using their savings and getting bad loans that can lead them into even deeper financial trouble. All the while, if they had filed for bankruptcy, they could have saved their retirement, avoided further debt, and had a fresh start free of credit card and medical bills.
When you discharge your debt through bankruptcy, you free yourself of a huge financial burden. Think how much easier it would be to build your credit back if you didn’t spend every dollar on interest rates, penalties, and fees? If you had no debt at all, how much better could you plan your life and make the right choices?
This is the kind of freedom bankruptcy offers.
We will help you rebuild your credit score
At Darrell Castle & Associates, we not only want to help you get out of debt by filing for bankruptcy, we also want to help you recover from your financial hardship. This is why we offer a free credit program to help you improve your credit score after bankruptcy.
Our 14 week program, “7 Steps to a 720”, will help you by teaching the secrets the banks don’t want you to know in regards to re-establishing and rebuilding your credit the right way. This program will help you improve your credit to an A rating in just one year. Yes, even if you’ve filed bankruptcy.
Contact a bankruptcy Tennessee attorney today FOR FREE to hear how we can help
If you’re overwhelmed with debt you can’t pay, there’s a way out. Give us a call at (901) 327-2100 or contact us online, free of charge. An experienced bankruptcy Tennessee attorney will walk you through your options and answer any questions you may have – no strings attached.
We’re here to help you get out from under your debt and build back your credit to a score you can be proud of. Give us a call today.