99 Fifth Avenue, Suite 8,
Ottawa, Ontario
Tel: (613) 567-6434
facebook
twitter
youtube
google_plus
  • Home
  • Our Services
    • Services Overview
    • Bankruptcy
    • Consumer Proposals
  • Our Solutions
    • Debt Problems
    • Avoiding Bankruptcy
    • Collection Agencies
    • Taxes & CRA
    • Student Loans
    • Rebuilding Credit
  • About Us
  • Bankruptcy FAQ
  • Links
  • News
  • Topics
  • Contact

After Bankruptcy: Rebuilding Your Credit

“Don’t let your past decide your future.” Frederick Bliss

Many people think that they will not be able to get credit after bankruptcy. This is not true; you will be able to borrow money after bankruptcy. It will just be more difficult than if you had a good credit rating. Your credit rating can actually get better following a bankruptcy, providing you follow a few practical steps. Once your bankruptcy is discharged, you can pay bills on time and build up cash reserves and take other actions that will rebuild your credit score.

You may even be thinking that you never want to go into debt again because of the stress that led up to the bankruptcy. Going into debt is a different kettle of fish than having access to credit. Most people require a mortgage to buy a home. If you want a newer car, you will probably need to use a loan or lease to afford it. If you need to book a flight or make a reservation, it is difficult to do so without the use of a credit card. Debt becomes a problem when you start using credit to make purchases that don’t fit your income level. But not having access to credit can make living in the modern world difficult.


IN THIS SECTION

  • Borrowing Money after Bankruptcy
  • How Long Will Bankruptcy Show on my Credit File?
  • The 5 Factors that Affect Your Credit Score
  • Tips for Rebuilding Credit after Bankruptcy
  • Don’t Pay for Your Credit Score
  • Can I Renew My Mortgage after Bankruptcy?
  • How Do I Qualify for a Mortgage after Declaring Bankruptcy?
  • A Final Word about Rebuilding Your Credit after Bankruptcy

Bankruptcy Resources

  • Bankruptcy in Canada – FAQ
  • Personal Bankruptcy, the Basics
  • Bankruptcy – Does it Make Sense for My Situation
  • What is Bankruptcy in Canada?
  • Avoiding Bankruptcy
  • Consumer Proposals
  • The Licensed Insolvency Trustee : What you Should Know
  • Debts During & After Bankruptcy or Consumer Proposals
  • Keeping Assets During Bankruptcy
  • After Bankruptcy: Rebuilding Your Credit
  • After Bankruptcy: The 3 Steps to Financial Fitness

Licensed Insolvency Trustee Ottawa

Providing solutions for money problems, debt counselling, debt consolidation, tax issues, credit counselling, student loan relief, consumer proposal in Ottawa, Kanata, Nepean, Orleans, Carleton Place, Rockland, Brockville, Cornwall and more.
web marketing/seo by Salient Marketing | part of the Ottawa Bankruptcy Network

Hours

  • Monday 8:00 AM to 4:00 PM
  • Tuesday 8:00 AM to 4:00 PM
  • Wednesday 8:00 AM to 4:00 PM
  • Thursday 8:00 AM to 4:00 PM
  • Friday 8:00 AM to 2:00 PM

Contact Us

Ottawa Licensed Insolvency Trustee - solutions for money problems, debt counselling, debt consolidation, credit counselling, student loan relief, consumer proposal in Ottawa, Kanata, Nepean, Orleans, Carleton Place, Rockland, Brockville, Cornwall and more.