Is it true if you file for bankrutcy once in your life for credit card debt that u stil can get another card?
Like if ur in debt for £6,000 for six years & not replied to the collectors, angencies etc & you file for bankruptcy that you still can take another card & start afresh because its your first time, is this true? even if it is true or not so then what are the advantages of of filing for bankruptcy only once in your life?
Answer
Once your bankruptcy is discharged you will be flooded with offers for credit cards and car loans.just be careful, read the fine print and wait for the best offer.i used orchard bank and first premier after my bk and in 2-years i raised my score over 150-points, got approved for a new car with no money down and 3.9% interest and bought a home with no money down and 100% financeing at a 6.5% fixed rate.use them well, never exceed 30% of your limit in any given month and pay in full before the due date.
