If you have registered the private bankruptcy, then you are in the so-called good conduct phase, which lasts six years. During this time, the creditor will be paid by the insolvency administrator all receipts of the debtor, which are subject to the seizure.
Therefore, it is also very difficult to get a loan in the good behavior phase at a bank or a bank, because this income would then actually have to be assigned. But unfortunately it is not always avoidable to make new debts in order to pay for a bigger purchase. The reason should therefore always be noted in the loan application.
Which credit in the good behavior phase can be applied for
If you need a loan during the period of private insolvency, for example because you need a new refrigerator or have to pay for the burial of a dear relative, then you have to make new debts. But most banks and credit institutions do not give credit to insolvent private individuals. In such a case, however, you can borrow the money you need privately. For example, one might first ask relatives or friends if they are willing to lend the money.
For this, of course, a written contract with interest rate and repayment mode must be set up. If there is nobody in the immediate vicinity who wants to give a credit in the good behavior phase, the Internet platforms, where private individuals lend money, are also an ideal solution. Here you sign up as a borrower and indicate the amount of the required amount and the amount of interest that you are willing to pay for it. Then you get from several lenders the desired money. The repayment of the loans then takes place via the provider of the credit platform, which distributes the installments equally to the lenders.
Where else can you borrow money in the conduct phase?
Since foreign as for example the Swiss banks, no private credit catch up information, in which the private insolvency is registered, one can receive here also a credit in the behavioral phase. Because the private credit information applies only to Germany, foreign banks are not connected here. However, one has to keep in mind that the amount of credit on loans from foreign banks is limited to around EUR 3,000.