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Bankruptcy Myth: After Chapter 7 bankruptcy, I will never be approved for another loan

By Glenn A. Brown, DMD, MBA on December 9, 2008

This is not always true. If you work hard and rebuild your credit and FICO score, you can qualify for a new loan in the future. Chapter 7 will be reflected on your credit report for 10 years.

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Glenn A. Brown, DMD, MBA

Glenn A. Brown, DMD, MBA is solo practitioner of Real World Law, a general practice law firm located in Philadelphia and Delaware, which focuses on chapter 7 13 11 bankruptcy, business litigation, and real estate transactional matters. Dr. Brown helps single individuals, married couples, small businesses, corporations, sole proprietors and partnerships obtain debt relief under the US Bankruptcy Code.

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