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| Author: |
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Kristin |
| Date: |
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November 5, 2003 |
| Question: |
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I recently applied for a secured credit card and was told that I had an undischarged bankruptcy. What exactly does this mean?
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From: |
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Ann Clarke, Alger & Associates Inc. |
| Date: |
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November 10, 2003 |
| Answer: |
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Occasionally the credit reporting agencies report incorrect or
incomplete information. If you received a discharge from bankruptcy you
must notify the bureaus to correct the wrong information. If you are an
undischarged bankrupt, however, it means you didn't complete your duties
and receive a discharge from your debts. To finish the bankruptcy and be
discharged, you must contact your Trustee.
Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca
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