As a bankruptcy law firm that has filed more than 40,000 bankruptcies in Minnesota over the last 40 years, we were pleased to learn that Minnesotans have the highest average credit scores of any state.
Rounding out the top 3 are North Dakota and South Dakota.
- Minnesotans average a 718 credit score
- North Dakotans have a 715
- South Dakotans have a 714
As you may know from reading our article about state by state trends for filing bankruptcy, Minnesotans also tend to file bankruptcy less often than the residents of many other states.
Wyoming has the fewest bankruptcies per person, but Minnesota is not very far behind.
WHAT DOES WALKER & WALKER LAW OFFICES DO TO HELP PEOPLE REBUILD CREDIT AFTER BANKRUPTCY?
Rebuilding credit after filing bankruptcy is always a high priority for my clients.
Many of them have had good credit for their entire lives before bankruptcy, and they want to get back to a 700 credit score as soon as possible.
- The good news is that it is quite easy to rebuild credit after filing bankruptcy
Walker & Walker helps each of our clients get a good credit score again by reviewing their credit reports and disputing everything that is incorrect, such as Chexsystems.
We do this for free for our clients because a good credit rating is essential to a financial fresh start.
Sometimes, if the credit bureaus refuse to fix errors quickly, we can even make them pay you some money for the inconvenience and stress.
I like to think that our policy of disputing credit report errors after bankruptcy has played a small part in helping Minnesotans lead the nation in average credit scores.
Most of our clients have a 720 credit score 2 years after filing bankruptcy, assuming that nothing bad happens to them financially in the time after the bankruptcy.
Why not fill out our free Bankruptcy Evaluation Form or call us at 612.824.4357 to tell us what we can do for you.