Author Topic: Bankruptcy Advice  (Read 686 times)

Bankruptcy Advice
« on: Nov 13, 2011, 06:46:13 AM »
Hey guys,

Can anyone tel me..How does bankruptcy affects credit rating?

James Falla

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Re: Bankruptcy Advice
« Reply #1 on: Nov 15, 2011, 11:37:09 AM »
Hi there
 
If you declare yourself bankrupt your credit rating will be seriously affected for 6 years. A record of the bankruptcy is put on your credit file and you will be restricted from borrowing more during this time.
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