Most people already have a low credit score by the time they file bankruptcy so the damage to their credit score is minimal. What most people don’t realize is that most people’s scores rise after bankruptcy because they’re either debt free or able to make payments to debt that wasn’t wiped out, such as a mortgage or car loan.

More importantly, when a strategy is followed someone that has filed for bankruptcy can get to a very good or excellent credit score within 6 to 24 months.