I have a question about bankruptcy. How bad is bankruptcy?

3 REPLIES

janus1978 - I can understand your concern, but your question is difficult to answer without more context. What do you mean by bad? Filing for bankruptcy can have a negative impact on your credit for several years, if that helps. - Jason

The credit history is not so important if you are renting an apartment. It is five or seven years of bad credit.

janus1978 - For that question, I would refer you to a credit counselor or credit reporting agency. - Jason