2012-03-16
Watch the video or continue reading below. When a person goes into bankruptcy he has to hand in all his credit cards to the trustee. After that person has been discharged from bankruptcy, he or she is often a good credit risk, since that person has no debt. Regardless, a discharged bankrupt often has a difficult time getting a new credit card. An option is to acquire a "secured credit card". A "secured credit card" is a card backed-up or secured by funds you have deposited with the financial institution. The card looks like a credit card, and acts like a credit card but will have a limit depending on the amount of money that secures the card. Using a secured credit card is a quick way to rebuild your credit rating after being discharged from a bankruptcy. For more information about secured credit repair and credit cards after bankruptcy, pleasecontact me directly or consult ourBankruptcy FAQ.
2025-08-05
Bankruptcy Consumer Proposal
Losing your job can be frustrating and, even more so, managing your financial wellbeing while you’re unemployed. However, you can successfully navigate the situation with the right budgeting tips.
2025-08-04
Since it’s impossible to predict or prevent most medical conditions or emergencies, the best way to handle them is by planning and preparing for them.
2025-08-01
If you are considering filing for Bankruptcy, it is important to understand the impact on your employment and salary.
