...does the repayment of a credit union loan link into the credit rating agency?
Once you are discharged there are minimal implications. An acquaintance in North Ire , worried would he even get bank ac. As the Bank official said {you owe no-one else, you have no other debts , you now have a paying job, why wouldn,t we deal with you ?} In SHORT a working discharged Babkrupt has NO baggage!!Hello, I have been reading the various threads on UK bankruptcies but have no clear list of the resulting implications of being a bankrupt person after the 12 months has passed and you have been released/discharged by your official receiver. Any info greatly appreciated.
Once you are discharged there are minimal implications. An acquaintance in North Ire , worried would he even get bank ac. As the Bank official said {you owe no-one else, you have no other debts , you now have a paying job, why wouldn,t we deal with you ?} In SHORT a working discharged Babkrupt has NO baggage!!
In my opinion there is no real definitive info with regards to this because it's untested in Ireland. There has been no insolvency arrangements per se before and there has literally only been a handful of people declaring bankruptcy before now although that will see a dramatic increase soon as more and more people are heading to the UK for this.Yes that's what I was thinking. Where can I find out what are the criteria/timeline to a good credit rating. I googled the Irish credit rating authority but it has limited info
Yes that's what I was thinking. Where can I find out what are the criteria/timeline to a good credit rating. I googled the Irish credit rating authority but it has limited info
the quickest way to negate this as much as possible would be start borrowing small amounts of money as soon as you are discharged from bankruptcy to start repairing your credit rating.
Hello, I have been reading the various threads on UK bankruptcies but have no clear list of the resulting implications of being a bankrupt person after the 12 months has passed and you have been released/discharged by your official receiver. Any info greatly appreciated.
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