As a bankruptcy lawyer Memphis counts on, I’m here to tell you that it’s a myth that a TN bankruptcy claim will destroy your credit. Sure, that may be true for people who already have a great score. But if you have significant debt, chances are your credit score is probably very low to begin with.
Most people assume the only way to improve their credit score is to pay off all their debt. However, if you’re already struggling to pay rent and put food on the table that can feel just about impossible. Even if you used everything you have to make your monthly payments, if your credit card debt is significant, chances are you’re barely covering the cost of interest.
Don’t lose hope. I’m here to tell you there is another way with bankruptcy.
Bankruptcy can get your credit score back on track.
When you discharge your debt through bankruptcy, you instantly free yourself from a huge financial burden. Think about it: if you had no debt at all, how much better could you plan your life and make the right choices for you and your family? How much more financial freedom would you have if you didn’t need to spend every dollar on interest rates, penalties, and fees? This is the kind of liberation bankruptcy offers. It’s the clean slate you deserve to start rebuilding.
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 achieve a credit score you can be proud of. Our free credit program, “7 Steps to a 720”, will help teach you the secrets the banks don’t want you to know about re-establishing and rebuilding your credit the right way.
You may be thinking this program must take years to complete, or that I mean improving your score to a C or D rating. But no – this program helps you improve your credit to an A rating in just one year. Yes, even if you’ve filed bankruptcy.
Speak to a lawyer for FREE about filing a TN bankruptcy claim
I’ve helped thousands of people file for bankruptcy and improve their credit score to a number they never dreamed of. I can help you do the same. If you’d like to learn more, I’d be happy to talk through your options with you and answer your questions. Contact our offices today at 901-327-2100 or online to set up a FREE consultation.
Yes, bankruptcy affects your credit score in the short term. But in the long run it can help you build back your credit and your life better than ever before. Give us a call today.