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Applying for Credit After Filing for Bankruptcy

Applying for Credit After Filing for Bankruptcy

Many clients ask us if they will be able to apply for new credit after they file for bankruptcy and the answer is YES. 

The decision of whether to extend you credit belongs to each particular lender. While some potential creditors will reject your application for credit simply because you have a bankruptcy on your record, others will grant you credit because you have no other debts left and have the ability to pay a new loan. Often you can obtain credit while in chapter 13 Bankruptcy if Court and Trustee approval is obtained and certain rules are followed.

Have more questions about on bankruptcy? Call the DFW Bankruptcy attorney, Andrew Nichols today!

Law Firm of Dallas Bankruptcy Attorney Andrew B. Nichols
Helping clients with creditor lawsuits, debt relief  options and bankruptcy.
Call (214) 999-1313
Serving clients in Dallas, Plano, Garland, Allen,Richardson, Frisco TX areas.
– DFW area Bankruptcy Attorney servicing Dallas , Fort Worth, Richardson, Garland, Plano, TX and the surrounding areas. Chapter 7 Bankruptcy Attorney / Chapter 13 Bankruptcy Attorney / Debt Relief Attorney