Credit during bankruptcy

October 17th, 2009 by Questions

If someone is willing to give me credit during bankruptcy, can it be accepted?

Posted from: Ontario

Questions

One Response to “Credit during bankruptcy”


October 19, 2009 at 8:47 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

Technically speaking as long as you disclose the fact that you are currently in bankruptcy then you can apply and obtain more credit duringbankruptcy, however I would caution you about doing so. The idea behind filing for bankruptcy is to clear you from the debt that has been causing you difficult and by obtaining more credit during bankruptcy you are increasing the chances that you will continue having difficulties with credit going forward.

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