“Lenders rush to lend to people coming out of bankruptcy for a few reasons,” Hines said. “If someone has filed for bankruptcy, they cannot file again for eight years. This means they’re stuck with their new debt for a long time.”
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“Lenders rush to lend to people coming out of bankruptcy for a few reasons,” Hines said. “If someone has filed for bankruptcy, they cannot file again for eight years. This means they’re stuck with their new debt for a long time.”