Consequences of Bankruptcy

Credit reporting agencies may include bankruptcies o­n a credit report for up to 10 years Some creditors will extend credit after a consumer files for bankruptcy but loans may be difficult to obtain and interest rates and fees for services may be very high Landlords, insurance companies and other service providers may also decline or re-price products and services based o­n credit history Learn about other consequences of bankruptcy from The American Bankruptcy Institute.   The information contained o­n this website regarding bankruptcy is intended as an overview and is not intended to be comprehensive.  Further, it is for informational purposes o­nly and is not to be considered legal advice.  You should consult with an attorney for advice about your specific legal situation.