Do you need a certain credit score to file bankruptcy? 25 Answers as of October 31, 2013

My credit score is average, but I think I may qualify for Ch. 7. If your score is not low can you not file or would it be unwise to?

Ask a Local Attorney. 100% Anonymous. Free Answers.

Free Case Evaluation by a Local Lawyer: Click here
Law Office of Thomas C. Phipps | Thomas C Phipps
Your income has to be below a certain dollar figure to file a chapter 7. It has nothing to do with your credit score. If you have more debt than you can afford to pay, you should file a chapter 7.
Answer Applies to: Missouri
Replied: 10/31/2013
Indianapolis Bankruptcy Law Office of Eric C. Lewis
Indianapolis Bankruptcy Law Office of Eric C. Lewis | Eric Lewis
Credit score or credit worthiness has zero to do with eligibility to file bankruptcy.
Answer Applies to: Indiana
Replied: 9/16/2013
Danville Law Group | Scott Jordan
Your credit score has no barring on whether you qualify for a chapter 7 bankruptcy or not.
Answer Applies to: California
Replied: 9/13/2013
Janet A. Lawson Bankruptcy Attorney
Janet A. Lawson Bankruptcy Attorney | Janet Lawson
Credit scores have nothing to do with bankruptcy filling. If you are otherwise eligible, go ahead.
Answer Applies to: California
Replied: 9/13/2013
Joseph Lehn, Esq
Joseph Lehn, Esq | Lehn Law, PA
Your credit score is not considered when determining if you qualify to file a Chapter 7. To qualify to file a Chapter 7 bankruptcy petition your past 6 months income and current budget are what are considered.
Answer Applies to: Florida
Replied: 9/13/2013
    The Law Office of Darren Aronow, PC
    The Law Office of Darren Aronow, PC | Darren Aronow
    Credit score has nothing to do with bankruptcy.
    Answer Applies to: New York
    Replied: 9/13/2013
    Portland Bankruptcy Law Group
    Portland Bankruptcy Law Group | Christopher J. Kane
    You credit score has nothing to do with your ability to file any kind of bankruptcy.
    Answer Applies to: Oregon
    Replied: 9/12/2013
    Armstrong Kellett Bartholow P.C.
    Armstrong Kellett Bartholow P.C. | Gary Armstrong
    Your eligibility to file does not depend on your credit score. And, generally if you are unable to pay your debts, the credit score should be less of a concern than improving your cash flow. Go talk to a bankruptcy lawyer for further advice.
    Answer Applies to: Texas
    Replied: 9/12/2013
    A Fresh Start
    A Fresh Start | Dorothy G Bunce
    Bankruptcy doesn't consider credit scores at all. I would love to know how you came up with this idea.
    Answer Applies to: Nevada
    Replied: 9/12/2013
    Michael B. McFarland, P.A. | Michael B. McFarland
    Credit score is not a factor in eligibility for bankruptcy relief. Besides, the only reason for having a good credit score is to allow you to borrow more money. It would be best to consult with an experienced bankruptcy attorney, who can review your situation in its entirety before determining whether bankruptcy is appropriate for you. Most attorneys give an initial consultation at little or no charge.
    Answer Applies to: Idaho
    Replied: 9/12/2013
    Deborah F Bowinski, Attorney & Counselor at Law | Debby Bowinski
    Your credit score has nothing to do with whether filing bankruptcy makes sense or whether you are eligible for bankruptcy relief. You should sit down with an experienced bankruptcy attorney who can help you determine what your best options are.
    Answer Applies to: Colorado
    Replied: 9/12/2013
    Law Office of Jeffrey Solomon
    Law Office of Jeffrey Solomon | Jeffrey Solomon
    Credit score rating has no relevance on eligibility to file bankruptcy. Many individuals with high scores are still candidates for bankruptcy because the debt is so high that the individual is unable to continue to make the necessary payments. Whether or not it would be advisable for you to file bankruptcy depends on the facts of your case. Your decision should be made only after consultation with an attorney.
    Answer Applies to: Florida
    Replied: 9/12/2013
    Troutman & Napier
    Troutman & Napier | Gregory A. Napier
    Credit scores have nothing to do with bankruptcy eligibility.
    Answer Applies to: Kentucky
    Replied: 9/12/2013
    Rhymer Law Firm
    Rhymer Law Firm | William Rhymer
    Your credit score is not considered in any way when determining if you are eligible to file a bankruptcy.
    Answer Applies to: Georgia
    Replied: 9/12/2013
    Kenneth A. Parker, P.C.
    Kenneth A. Parker, P.C. | Ken Parker
    You do not have to have a low credit score to file bankruptcy. Many people who file bankruptcy have decent credit scores. Please feel free to contact me for a free consultation.
    Answer Applies to: Georgia
    Replied: 9/12/2013
    Goldsmith & Guymon
    Goldsmith & Guymon | Marjorie Guymon
    Your credit score is irrelevant.
    Answer Applies to: Nevada
    Replied: 9/12/2013
    Stittleburg Law Office
    Stittleburg Law Office | Bernd Stittleburg
    No.
    Answer Applies to: Georgia
    Replied: 9/12/2013
Click to View More Answers:
12 3 4 5 Free Legal QuestionsConnect with a local attorney