Can you apply for credit after Chapter 13 bankruptcy?
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Can you apply for credit after Chapter 13 bankruptcy?

By Kim McGrigg

Dear Credit Care,
In March 2011, my husband and I filed Chapter 13, and it was approved by the courts. We are paying our monthly payments to the trustee and will continue paying for five years. My question is: Can we try to apply for a credit card just for emergencies? — Debra

Dear Debra,
Filing a Chapter 13 bankruptcy means that you and your husband were required to attend a credit counseling session before you could file. You were also required to submit a repayment plan to the courts to pay your priority, secured and unsecured debts.

  • Priority debts include mo…………… continues on

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A credit card at Christmas?
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By Matthew Plant

31 October2011

When Christmas actually arrives, it’s easy to realise we’ve not prepared as well as we should have done. From food and drink to parties and presents, Christmas is an expensive time of year, and even the best-planned budget can fall short in the face of all those costs.

Which is why it’s important to think about the best approach to take if that situation arises. Aside from deciding to do without – something you may feel simply isn’t an option – turning to our credit cards is one of the most common ways of dealing with a shortage of Christmas cash.

… Read the full article