Comments on: Secured Credit Card http://www.bankruptcy-canada.ca/bankruptcy/2008/11/secured-credit-card-2.html Personal Bankruptcy Canada Blog Fri, 10 Feb 2012 15:23:44 +0000 hourly 1 By: Ted Michalos, CA trustee http://www.bankruptcy-canada.ca/bankruptcy/2008/11/secured-credit-card-2.html#comment-75719 Ted Michalos, CA trustee Fri, 28 Nov 2008 11:35:58 +0000 http://www.bankruptcy-canada.ca/bankruptcy/2008/11/secured-credit-card-2.html#comment-75719 Yes, you may apply for a secured credit card after you have filed for bankruptcy, but before you have been discharged. You will be required to disclose to the lender that you are an undischarged bankrupt, but that shouldn't make any difference. The fact that you have applied for (or have obtained) a secured credito card duing your bankruptcy will only become an issue in yuor bankruptcy if you use it inappropriately. Otherwise your trustee should be indiffereent to the card. Yes, you may apply for a secured credit card after you have filed for bankruptcy, but before you have been discharged. You will be required to disclose to the lender that you are an undischarged bankrupt, but that shouldn’t make any difference.

The fact that you have applied for (or have obtained) a secured credito card duing your bankruptcy will only become an issue in yuor bankruptcy if you use it inappropriately. Otherwise your trustee should be indiffereent to the card.

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