A bankruptcy filing can stay on your credit for 7-10 years depending on the chapter that you filed under. Chapter 7 bankruptcy stays on credit reports for 10 years, chapter 13 for 7 years.

But that doesn't mean you can't re-establish credit for those periods of time! I have many clients that have gotten back on their feet, credit-wise, within 1-2 years. Scores in the mid-600's are common after that period of time, and scores of over 700 are not uncommon.

We do a free "credit clean-up" as part of all of our consumer bankruptcies, that makes sure that your creditors accurately report that their debts were included in the bankruptcy, and that you have a "zero" balance due (assuming their debt was discharged in the bankruptcy).

If you really are serious about re-establishing great credit quickly, we offer an online video course, "7 Steps to a 720 Credit Score" by Phillip Tirone. If you follow the steps, you can reach a 720 or higher credit score, which mean you can qualify for the very lowest interest rates on loans and credit cards, within 12-24 months after your bankruptcy discharge.

If you live in the Houston, Texas metropolitan area, give our office a call at 713-772-8037 for your free bankruptcy consultation with one of our attorneys to get started.

J Thomas Black
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Board Certified, Consumer Bankruptcy Law- Texas Board of Legal Specialization