After your bankruptcy is discharged you will be able to get credit again. Often you are able to finance a vehicle as soon as your bankruptcy case is discharged. You are able to apply for and get credit cards and personal loans once you receive your discharge. Qualified applicants are able to buy homes within 1-2 years of receiving their bankruptcy discharge.
Bankruptcy helps eliminate all of the bad debt reported on your credit report, and can help increase your credit score after bankruptcy. When we pull a credit report for you from the credit bureaus, it will give you your current credit score, and it will predict where you should be within a year after your bankruptcy case. Most of my clients see a prediction where their credit score increases 50 to 100 points within the first year after bankruptcy.