What Does Bankruptcy Do to My Credit Score

For most people, filing bankruptcy improves your credit score. That's what Lending Tree said in October 2024: "Credit scores improve immmeidately after filing for bankruptcy."

Here's how that works. After bankruptcy.

Mot people have an after-bankrutpcy credit score a little over 600.

most people have a credit score 600 to 620. If your credit score was higher, it will drop. If it was lower, it will jump. By the time most people file bankrutpcy, their score is already below 600, so for most people, bankrutpcy improves their score.