Although a Chapter 13 bankruptcy may stay on your credit report for up to 10 years, repossession, foreclosure and missed debt payments can often do even worse damage to your credit. The sooner you get started on repaying the debts in your Chapter 13 plan, the sooner you can begin to repair and reestablish your credit. You may be able to get new, higher-interest lines of credit within one to three years of filing bankruptcy.