Author Archives: Michael Kerber

Credit despite credit line

Loans are taken up with the most different conditions. While one borrower can approach borrowing without any preloading, the other has to look how he can deftly balance his negative traits. These are very often found in accumulated debts, a negative credit bureau or an income that can not meet the requirements of the banks.

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Loan despite insolvency is possible

In principle, it is permissible to take out a loan despite insolvency. During the insolvency proceedings, however, the approval of the insolvency administrator is required. If the debtor duly fulfills his payment obligations during the good conduct phase, the release of residual debt by taking out a loan does not seem to be endangered despite

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