Lynn Attorney for Rebuilding Credit
The credit industry is quick to tell people that nothing is more important than their credit scores. While your credit score may take a hit when you file for bankruptcy, it may be even worse off by continuing to struggle with your debt as you fail to make payments. At the end of the day, you want a lawyer who will help you do what is in your best interest.
I am Lynn attorney for rebuilding credit David McLoon and for more than 25 years, I have been helping individuals and families across Massachusetts rebuild their credit and get the debt relief they deserve through bankruptcy. You can survive a bad credit score. More importantly, filing for bankruptcy may be the best way to revive it.
Rebuilding Your Credit Score
By discharging your debt through bankruptcy and using careful strategies to rebuild your credit after your discharge, most people can rebuild their credit faster than if they try to keep up on payments they cannot afford or reach a hurried and unfair settlement with their creditors.
Even when they have already destroyed their credit, many people still think bankruptcy will damage their credit forever. It is a negative entry on your credit report, but repossession, wage garnishment and month after month of past due payments also hurt your credit.
At the end of the day, you have to look at all your options and determine you best strategy. Are you better off having your debts build month after month or drawing a line in the sand, taking a one-time hit and getting the chance to rebuild? Every situation is unique and I can help you find a solution tailored to your needs.
Creditors often call bankruptcy the 10-year mistake, because it stays on your credit report for 10 years, but that is another misleading trick. Your credit score constantly pulls in new information, and the most recent information is the most relevant. The further you move away from your bankruptcy, the less impact your bankruptcy has on your credit report. I have had clients buy cars just months after a Chapter 7 discharge and homes just a few years later.
Contact
You cannot believe everything your creditors tell you. On your side every step of the way, I will make sure you have honest answers, so you can get the debt relief you deserve, while protecting your credit score and long-term financial goals. Offering a flexible appointment schedule, my Lynn offices are easily accessible by bus or train. Contact me today for a free initial consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
