1. I agree that would have been best, but the subject of when to start rebuilding their credit didn't come up in those sessions that I'm aware of and they've already completed the 2 mandatory visitsskeet50 wrote: ↑Jan 30th, 2018 2:18 pm1. This is a question that should be asked of the Trustee during the required credit counselling sessions.
2. In general, you can apply for credit even prior to be discharged as long as you disclose that you have an undischarged bankruptcy. Once disclosed, it is highly doubtful that a creditor will grant you credit. If you apply for a secured credit during this time and it is granted, the deposit that is used must be disclosed to the trustee as an asset.
2. So if I understand you correctly, you are saying that you can apply for credit all you want and whenever you want, just don't expect to get approved -- fair enough, makes sense -- but do you more or less agree with coolintheshade that it will probably be 2+ years before things begin to thaw a bit?
And your point about the deposit disclosure is noted should he manage to scrape up a secured CC deposit somehow