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Category Archives: After Bankruptcy

After your bankruptcy duties are completed learn how to rebuild your credit, apply for a secured credit card and move forward with your fresh start.

Declaring Bankruptcy Doesn’t Mean You Can’t Purchase A Home

21 Jul 2014

It is a popular misconception that if you go bankrupt you will never again be able to purchase a home. The reason for this misconception is that a bankruptcy has a negative impact on your credit report, and therefore with “bad” credit you won’t be able to qualify for a…

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Dealing With Creditors After Your Bankruptcy Is Finished

19 Feb 2014

There are many periods during which you, and your trustee, will need to talk to your creditors about your bankruptcy. Before filing, you may be receiving collection calls and need to take advantage of the Stay of Proceedings offered by filing bankruptcy. Once you have filed bankruptcy or a consumer…

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Yes Virginia, There Is Life After Bankruptcy

05 Feb 2014

The problem most people have with bankruptcy is that they just don’t know enough about it. They don’t know what is involved, and more importantly, they don’t know how it ends, or if it ever ends… The Bankruptcy and Insolvency Act was created to allow the honest, but unfortunate debtor,…

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Loans After Bankruptcy in Canada: How to Get a Loan?

27 Feb 2012

It is possible to get a loan after bankruptcy in Canada. To qualify for a loan, you need to re-build your credit by following these steps: Get your bankruptcy discharge as soon as possible. Perform all of your duties so that there are no delays in getting your discharge. As…

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Credit Card After Bankruptcy Canada

24 Feb 2012

Is it possible to get a credit card after bankruptcy in Canada? Yes. Here are three ways to get a credit card after your get your discharge from bankruptcy. The first two options will also allow you to have a credit card during bankruptcy. Get A Supplementary Card The first…

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After Bankruptcy in Canada: Top Five Tips for Saving Money

20 Feb 2012

The most important step you can take to repair and rebuild your credit after filing bankruptcy in Canada is to save money. Why? There are many reasons: Immediately after bankruptcy in Canada you don’t have credit cards or lines of credit, so you need cash in the bank to act…