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| Author: |
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zx7r |
| Date: |
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March 12, 2005 |
| Question: |
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If I am under the age of 21 and plan to open my first business. If my business goes down in the first 5 years, and declare bankruptcy, and i go back to school, how long will it take before I can apply for a credit card again and have my credit rating back? Also, how long will it be in my record for about being bankrupt? Thanks.
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From: |
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Ann Clarke, Alger & Associates Inc. |
| Date: |
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March 14, 2005 |
| Answer: |
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You can apply for credit anytime after the bankruptcy is discharged but the bankruptcy will be reflected on your credit record for 6 years after the discharge.
Ann Clarke
phone: (403) 296-2972
aclarke@alger.ca
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