Credit Repair After Bankruptcy A common misconception about bankruptcy is that it ruins your credit. While bankruptcy does push your credit score down in the short term, recovery begins right away. A credit score is a number between 300 and 850 that lenders and other third parties use to determine the risk of giving you money. Banks, credit card companies, and other financial organizations use the score to determine if you can or will be able to pay off any obligations you accrue. What is a Credit Score? What Are the Different Ways to Rebuild Your Credit After Bankruptcy? However, if follow the instructions below your credit score will ultimately improve more quickly and you’ll be eligible for better credit offers with lower interest rates and fewer fees. Contact Us The Law Office of Clark Daniel Dray - Golden 14143 Golden W Pkwy #100, Golden, CO 80401, United States contact@draylegal.com 303-622-0412 www.debtfreecolorado.com