Getting a Loan After Bankruptcy is Tougher, but Possible
(LATimes.com) — Dear Karen: I declared bankruptcy a few years ago.
Now I have a new business. Can I get a business loan?
Answer: The bankruptcy will affect your credit rating for at least seven years. But you may get a loan before then if your company is profitable, said Bob Seiwert, a senior vice president at the American Bankers Assn.