Whilst I'm Bankrupt, can I apply for more credit?

You can apply for credit up to £499 whilst you are Bankrupt. If you apply for credit of £500 or more, either by yourself or with others, without disclosing that you are Bankrupt, you will have committed a criminal offence. "Applying for credit" includes ordering goods without asking for credit and then, when they are delivered, failing to pay for them. You must also not write any cheque which is likely to be dishonoured.

 

 

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