It is case by case. However, in many times, if you are considering filing for bankruptcy, your credit may already be bad. Bankruptcy in general will not make things worse. However, it will show on your credit record for 10 years. However, since the bankruptcy wipes out your debt, you are much more likely to be in a better position to be current on bills and to be able to get new credit since you do not have your old debt.

There are some options in order to get a credit card after bankruptcy. However, it would technically not be as much of a credit card as a bank or debit card.

Bankruptcy debit cards perform a lot of the same activities as a credit card. It is a secured credit card, which is backed by your own bank account.