Is there credit available to me after a Chapter 7 bankruptcy filing?

Depending on how good your credit was before filing bankruptcy, some credit may be less available to you and/or the terms of credit may be less favorable to you. However, many people find some types of credit are available to them immediately after receiving their bankruptcy discharge and they are eligible for competitive home and automobile loans in about 24 months. The important thing to keep in mind is to be financially responsible and pay any new debt in a timely manner. Also limit any post-bankruptcy discharge debt that you incur, because if you do get into financial difficulty again, you will not be able to file for bankruptcy unless it has been at least eight years since your last bankruptcy.