It has already been 6 months since you have declared bankruptcy so you can apply for new loans. You may already find lenders willing to finance you, although they will look at you as a high risk debtor and will charge huge interest from you. Lenders do this to secure the loan they would provide you.
You will more than likely pay higher interest for any loans for a few years after claiming bankruptcy. I would start back slowly and get one loan at a time. By paying off the first loan then each loan after that may not be as high in interest. This also helps to rebuild your credit.
The older the bankruptcy gets the less effect it will have on your score but you would need some positive listings on your score to help get your credit worthiness back. Take your time and remember you can not fix it overnight but it can be fixed.
Hari
It has already been 6 months since you have declared bankruptcy so you can apply for new loans. You may already find lenders willing to finance you, although they will look at you as a high risk debtor and will charge huge interest from you. Lenders do this to secure the loan they would provide you.
You will more than likely pay higher interest for any loans for a few years after claiming bankruptcy. I would start back slowly and get one loan at a time. By paying off the first loan then each loan after that may not be as high in interest. This also helps to rebuild your credit.
The older the bankruptcy gets the less effect it will have on your score but you would need some positive listings on your score to help get your credit worthiness back. Take your time and remember you can not fix it overnight but it can be fixed.