What are the effects if filing for Bankruptcy?

Best Answer:

?: Your credit history is in the toilet for years after a bankruptcy filing. If you plan on renting, buying a house, buying a car or doing anything else that requires a credit check, say goodbye to any chances of doing any of those things.

Other answer:

?:
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Bob:
RUINED credit history. reduce ability to get credit cards in the future, a loan etc.
Robt:
U ARE broke and poor.
U got to live on CASH.

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