If you have been experiencing financial difficulties, your credit rating may already be affected. By addressing your financial issues head on, you are taking the right step in improving your situation, and your future credit rating. Although at first you will find it difficult to gain credit, in time you will see an increase in your rating.
Once you have been discharged, your credit file will show that you are a discharged bankrupt for 5 years. On a more encouraging note, many of our previous clients have been able to obtain credit as soon as 14 – 16 months after discharge.