Rebuilding credit after bankruptcy contrary to popular belief rebuilding your credit score after a bankruptcy is not impossible in fact in some ways it is easier to rebuild your credit score if you declare bankruptcy the truth is sometimes your credit score will be better off in the long run. One of the biggest questions when youre considering bankruptcy is how it will affect your credit score particularly if its a 750 you can recover your 750 credit score if or when you file for bankruptcy first though its important to understand how your bankruptcy affected your credit score both in the short and long term fortunately there are also solutions in debt relief . Many bankruptcy petitioners are extremely concerned with their credit score some enjoyed the benefits of a fantastic credit score pre bankruptcy and despair ever getting it back you may find yourself wondering can i get back the 750 credit score i had before i filed for bankruptcy if you do you arent alone. Fyi whats the average credit score after chapter 7 well the average credit score after chapter 7 depends on where you begin people with a high credit score of 750 have more to lose so their credit score can drop about 200 or so points other with a fair or bad credit score around 600 can see a drop of about 150 points good luck moving forward. After bankruptcy your credit score can plummet so carefully consider your credit rating before you file for bankruptcy bankruptcy will have a devastating impact on your credit health the exact effects will vary but according to top scoring model fico filing for bankruptcy can send a good credit score of 700 or above plummeting by at least 200 points