I disagree. I work in the credit recovery area of a very large bank. We accept secured loan applications (cars, mortagages,ect) on many many many people who just filed bankruptcy for a few reasons. 1) they cannot file again for 7 years. and 2) they just liquidated all of their debt. and 3) if they don't pay we take the house/car.It is actually ideal for a creditor to extend credit as quickly as possible after someone files banko. ------
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