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    Bernadine's Avatar
    Bernadine Posts: 2, Reputation: 1
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    #1

    Mar 16, 2007, 01:31 PM
    Starting A New Business After Bankruptcy
    Will filing bankruptcy harm my credit worthiness as a new retailer?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Mar 16, 2007, 06:34 PM
    Normally a new business if you are the owner, is based on your personal credit, so with that if you go bankrupt then it will hurt your credit.

    But to be honest sometimes if you owe a lot , are not paying, late on payments, some peoples credits actually get better if they file bankruptcy
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