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Can You Get a Credit Card After Bankruptcy?

For many people, overwhelming credit card debt played a significant role in their decision to file

for bankruptcy. Ironically, applying for a credit card after bankruptcy can help you improve your

financial situation – provided you use it wisely. By using your new credit card to make small

purchases and by paying off the balance in full each month, you can begin to rebuild your credit

history. People who have gone through a bankruptcy can typically receive a secured credit card

without a problem.

You can hear more about credit after bankruptcy by watching this video. This expert explains

that although bankruptcy does adversely affect your credit history, it can also benefit your credit

by wiping out your debt.

If you have any other questions about life after bankruptcy, contact the bankruptcy law firm of

Cutler & Associates, Ltd. at (224) 836-4956. Our bankruptcy lawyers in Aurora and Schaumburg

can help you restore your personal finances.

Categories: Bankruptcy Blog

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