I have about 20-25 collection accounts most with balances exceeding the original limit, as well as, a tax lien that has been paid in full one year ago. I have 3 positive accounts, 2 student loans and one auto loan each paid in full on time every month. My credit scores are between 430-500 between the three credit bureaus. I heard that a bankruptcy can drop a person’s score by 100 to 200 points. My question is since I will be filing a chapter 7 and reaffirming my positive debts and all the collection accounts making my score go down will be wiped clean. Will my score go up immediately after the discharge? Even though I will have a bankruptcy on my credit. I have heard this but not for sure how much truth there is to it. Any opinions will be appreciated.