FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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SECURE CREDIT CARD

Can I apply for a secure credit card while in the bankruptcy process or do I have to wait until I am discharged?

Posted from: British Columbia

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One Response to “SECURE CREDIT CARD”

A licensed trustee said...

Certainly, although most will not approve your application until you’ve been in bankruptcy (or a proposal) for at least 3 months. If you need a card sooner, you may purchase a prepaid card, but keep in mind these cards do not actually rebuild your credit as no credit is being extended. Talk to your trustee before you apply to discuss options and the impact each might have on your situation.