How long do i have to wait to claim bankruptcy after getting a new credit card?
I have worked in the credit industry for over 5 years and am also bankrupt. When you go bankrupt you will be credit listed 7 years. Your bankruptcy however only lasts for 3 years, you can try to apply for credit when your bankruptcy ceases but i highly doubt any bank will give you credit as there will be the default on your credit file. In order to claim bankruptcy you first need to contact ITSA- insolvency trustee services Australia–1300-364-785, they will send to you the necessary paperwork to fill out. I also recommend you contact each financial institution you owe debt to out of courteousy and advise them of your financial situation and that you will be applying for bankruptcy. I also strongly suggest you speak to a financial advisor as it seems to me you need urgent advise on how to manage your finances.
