Karina Lucid, Founder and President of Lucid Law, recently appeared on the Solution Point Podcast.
In this episode, Karina discusses the importance of your credit score and related issues. For example, she discusses the perceived stigma about the filing of bankruptcy. She also addresses another myth that the bankruptcy process will ruin your credit score. In fact, while there may be an immediate drop in the credit score, you will see improvements in a short period of time. Karina says over 90% of her Chapter 7 clients actually see a higher credit score 6 months after their bankruptcy case is filed than they had before they file bankruptcy. That’s right! Their scores actually went up after filing their bankruptcy case! Lastly, she explains how the credit score is calculated and tips you can take steps for improvement. The entire podcast can be found below.
Solution Point Podcast
Hosted by Catalina Dickerson and Joseph Michael Dickerson, the Solution Point Podcast provides solutions to everyday problems in business, life, and law. Each week, a guest is interviewed and shares solutions to a problem facing everyday people. The Solution Point Podcast is presented by the J.M. Dickerson Law Firm.
Have Questions or Need Help?
Please call us if you have any questions or concerns about your credit score. Likewise, we offer free consultations if you have other financial difficulties or questions about bankruptcy law.