A: This varies from situation to situation. It is up to a creditor to decide if they are willing to give you credit after you have gone through a bankruptcy. You may be required to secure any future loans or to pay higher interest rates. The fact that you went through a bankruptcy will stay on your credit report for six years, and credit-reporting agencies will give you the lowest possible credit score. After you are discharged, it is a good idea to send a copy of the order to the major credit-reporting agencies to update your file.
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