Ask The Get Out of Debt Experts Bankruptcy Related

Will Moving After Bankruptcy be a Problem? – Terri

“Dear Steve,

I am thinking about filing for bankruptcy (my only option)

I am leaning towards bankruptcy I lived in Illinois but I am planing on moving to Louisiana in Dec would this be a problem?

Terri”

Dear Terri,

The short answer is that it will not be a problem. For specific timing issues you should discuss this with your bankruptcy attorney.

The fact you filed bankruptcy does not hinder your ability to move, travel, or travel out of the country. Any issues related to the bankruptcy will have to do more with obtaining credit right after a bankruptcy filing. But your credit can be easily restored. See How to Easily Rebuild Your Credit and Have Good Credit Again.

Renting right after bankruptcy can be an issue for some as well. But if you are moving to an apartment complex often putting down an additional security deposit will do the trick. Private landlords are a lot more flexible.

Congratulations on your fresh start and use the experience to do financially better moving forward.

Please post your responses and follow-up messages to me on this in the comments section below.

Sincerly,
Steve

You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.




About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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