A bankrupt is defined as a person or a firm that has been
declared insolvent throught court proceedings and is relieved of
all debts after surrendering ALL assets to the court appointed
person..
The court will "track" your financial movements. Should they "find"
out that you have cash or any assets that belong to you, they can
use that assets to pay back what ever you are owing. That means as
long as you are still owing, when you get your money.. you will
need to pay..
Bank and/or financial companies will look into databases to see if
you are a bankrupt or if your spouse were to apply for financial
assistance, they will check on his/her background. Your spouse is
legally able to loan or get finance help.. But it will be lesser
than what she expects. Why? Cause they will give the statement that
his/her husband/wife is a bankrupt.
Even should the money been financed, they will let the borrower
sign something which has something to do with bankruptcy..
Hope it helps a bit ya. 
