New Haven, CT asked in Bankruptcy for Connecticut

Q: Can I ever get a credit card again if I file for bankruptcy?

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3 Lawyer Answers
Stuart Nachbar
Stuart Nachbar
PREMIUM
Answered
  • Bankruptcy Lawyer
  • Livingston, NJ

A: Yes you can. How.long before you can get one depends on what type of bankruptcy you file

Alan S. Dambrov
Alan S. Dambrov
Answered
  • Bankruptcy Lawyer
  • Stratford, CT
  • Licensed in Connecticut

A: The answer is usually yes. It does depend on all of your circumstances and history. Most clients are best served by keeping all payment current and up to date after the filing. That creates a history of responsibility and on time payments. As a guideline, two years of such experience is usually required to get a new credit car. Sometimes you can get a secured credit card earlier. Once you get that first credit card you should use it every month to purchase some necessities such as a pack of socks and pay it every month. Do not use it to buy things you cannot pay off immediately. Over time, the credit card companies will come calling. Initially you will not get a good interest rate, another good reason to pay the balance every month. Most experienced bankruptcy lawyers will help you understand your situation and what steps to take to improve your credit rating. Good Luck.

Timothy Denison
Timothy Denison
Answered
  • Bankruptcy Lawyer
  • Louisville, KY

A: Yes. Usually right after your bankruptcy is discharged.

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