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T O P I C R E V I E W
madwithworry
Posted - 02 November 2009 : 13:45:37 How does our bankruptcy affect my son? We declared bankrupt last week and now my son aged 21 wants to get a place of his own and take out loan for car etc as well as rent. He commented that if our BR affects him he'll be really angry. He has a very responsible well paid job so I would hate to have jeopordised his chance of obtaining credit of any kind. What is the position re: members of our household? katie
2 L A T E S T R E P L I E S (Newest First)
In 2 Deep
Posted - 02 November 2009 : 15:43:01 If you have no joint accounts with your son, then their will be no association of credit files at the likes of Experian etc.
quote:Originally posted by madwithworry
How does our bankruptcy affect my son? We declared bankrupt last week and now my son aged 21 wants to get a place of his own and take out loan for car etc as well as rent. He commented that if our BR affects him he'll be really angry. He has a very responsible well paid job so I would hate to have jeopordised his chance of obtaining credit of any kind. What is the position re: members of our household? katie
Treat EVERY Penny as a prisoner.
theguvnor
Posted - 02 November 2009 : 13:55:13 It doesnt affect your son at all. your bankruptcy is nothing to do with him and his credit file will still be in the condition it has always been in.
