Quizzes & Puzzles9 mins ago
bankrupcy
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What is it with everybody going bankrupt? are you better off in the long run, just had a quick surf about this and it appears that after 12 months you are discharged from your debts, cant be bad, how do the creditors get there monies back, after that.
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For more on marking an answer as the "Best Answer", please visit our FAQ.The year discharge is simply the point you are free from the controls of the bankrupcy, as sandmaster said the effects will last for much longer.
In the current climate as a former bankrupt I doubt anybody will give you any sort of credit, and when they start to again it will be a massive interest rate.
In the current climate as a former bankrupt I doubt anybody will give you any sort of credit, and when they start to again it will be a massive interest rate.