Yes. Typically you can quality for a low-balance credit card within a few months after filing for bankruptcy. Also, your credit can increase as much as 100-150 points within the first year after filing Bankruptcy, depending on your credit score at the time of filing. It is important that you pay your bills on time, especially your mortgage, and do not fall behind on payments. If you handle your credit card responsibly, you can often quickly improve your credit score.