BabyButterfly
Well-Known Member
- Joined
- Aug 19, 2018
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I don’t know all the ins and outs of bankruptcy, but if the Watts declared bankruptcy in 2015, would they be able to amass a high credit card debt again, so quickly afterwards? Wouldn’t they have to deal in cash for awhile? Or pay exorbitant interest rates and only allowed extremely low credit limits? Does anyone know?
When I filed, in order to get my credit back up, I had to get a secured credit card. Then, a few small store cards with maybe $200 limit. It didn't take long to get my credit back in, but I was very determined.