You will get credit after bankruptcy. Some clients have been very concerned about the state of their credit after filing bankruptcy. Although a bankruptcy entry will appear on your credit report for 10 years following the date of filing, this does not mean that you will not get a credit card, or buy a home or car for 10 years. Far from it! Remember—creditors want you to borrow. Shortly after your bankruptcy discharge, creditors will begin soliciting you with offers for secured and unsecured credit cards. Make your choice carefully as typically the offers will get better the longer you can wait after discharge.
The fact is, you no longer have the majority of your debt; you have an ability to repay (income is freed up), and you can’t declare bankruptcy (Chapter 7) again for eight years. Further, the probability of a consumer declaring bankruptcy a second time in their life is low (it does happen, but after the first filing, most people change their spending habits).