It sinks like a rock. Your opportunities to build it back up within seven years, will be few and far between considering what kind of bankruptcy you choose to file. I don't think that bankruptcy is the right choice for anyone that hasn't exhausted all available options. However, good look in finding a solution in your financial bind.

What happens to credit score after bankruptcy?You can expect your credit score to take a drastic nosedive after you've filed for bankruptcy. Then again, it's a given, because your accounts have already been behind on payment--which is why you're filing in the first place.