| Author: |
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Anonymous |
| Date: |
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August 21, 2001 |
| Question: |
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After filing for bankrupcy is it possible to lease a new car,
rent an apartment or even get on with life?
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From: |
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Ann Clarke, Collins Barrow Limited |
| Date: |
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August 22, 2001 |
| Answer: |
|
A person who has been bankrupt is not stopped from leasing a car or
renting an apartment. A record of the bankruptcy, however, is reflected
on your credit report for 6 years after you have been discharged, which
may affect whether or not a leasing company will advance credit. Your
ability to obtain credit again will depend on you, your income and the
lender.
Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca
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