After Bankruptcy, your credit should be about 620

Most people have a credit score of about 620 a couple months after bankruptcy.  That’s from a study by the Philadelphia Federal Reserve Bank, in 2014. (I saved the complete study here.)  And here’s the full-size Chart that shows how scores recover. 

A study shows how you can bounce back after filing for bankruptcy.

After Bankruptcy, check your credit score

What’s your number?  One free place to check is CreditKarma. Now I can’t guarantee that you will be at 620.  But, if I handled your bankruptcy case and your score is NOT what it should be, follow these instructions and send me your credit report.  We’ll see if there’s something hitting your credit that shouldn’t be there.  

Lending Tree 2024 Study on After Bankruptcy Credit Score

 Lending Tree did a study of credit scores in the fall of 2024. It matches what I’m saying here. “Consumers see immediate credit score improvements…after filing for bankruptcy.”

But have you seen an immediate improvement? Go on and check your score in the next couple weeks.  And get back to me if it’s not in the low 600’s, where we think it should be.