Bankruptcy may result in your credit score improving, as your successful completion of the case will result in a Discharge of your debts. That means your creditors will be barred from collecting the balances due on those accounts.
However, a Bankruptcy filing does not erase your past credit history. So any default on your obligations, lawsuits filed and Judgments rendered, will be part of your credit reports for a period of up to seven (7) full years. While the Bankruptcy itself will be noted for a ten (10) year period.
