After filing bankruptcy, how long should I wait to apply for a business loan?
This absolutely depends on the lender. It may be that the reasons for bankruptcy are understood and the business loan is desired by the lender, or it may be that the lender wants nothing to do with an applicant who has filed bankruptcy. I have seen borrowers who were still in bankruptcy borrow; I have seen borrowers who were just out of a Chapter 7 or 13 borrow, and I have seen lenders who wanted to never loan to someone who filed, period, so there is no single answer.
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This absolutely depends on the lender. It may be that the reasons for bankruptcy are understood and the business loan is desired by the lender, or it may be that the lender wants nothing to do with an applicant who has filed bankruptcy. I have seen borrowers who were still in bankruptcy borrow; I have seen borrowers who were just out of a Chapter 7 or 13 borrow, and I have seen lenders who wanted to never loan to someone who filed, period, so there is no single answer.
