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Local Law Firms Home > Bankruptcy Debt Relief Overview > Bankruptcy and Credit Repair Help > Application Denial Are you contemplating bankruptcy or have you already filed for bankruptcy? If the answer is yes to either of these questions, you may be currently facing (or may potentially face in the future) a denial of an application for a loan or line of credit. This is something to consider if you have not filed for bankruptcy yet. If you have not filed for bankruptcy and want to keep your options open for getting a line of credit or loan approved, our bankruptcy law attorneys can help you explore the other options available aside from bankruptcy. Would you like to know more about filing for bankruptcy and a getting a loan or line of credit application denied? Our bankruptcy lawyers can help you. Contact a bankruptcy law attorney in your area today to learn more about the legal aspects surrounding a bankruptcy filing. In addition to a denial of an application for a loan or line of credit, filing for a bankruptcy may also result in:
If a lending institution does not want to approve your application because of a bankruptcy or poor credit, that is their right. However, this must be the only reason. It is unlawful for a lending institution to turn down your application for a loan or line of credit for any other unrelated reason, such as gender, race, etc. Basing a credit decision on these qualifications are illegal and you may be entitled to compensation if you believe your application was denied based on those reasons, and not because of a bankruptcy filing or poor credit. Do you have legal questions regarding a denial of an application for a loan or line of credit and bankruptcy? Our bankruptcy lawyers can help you. Contact a bankruptcy law attorney in your area today to get your legal questions answered today.
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