Yes. In fact, it’s the best way to rebuild your credit after filing bankruptcy. Because your income to debt ratio will be healthy after filing bankruptcy, you’ll find you receive offers for credit cards a month or two after filing.

While you will eventually be able to get a traditional credit card at a normal rate, the first type of card you will most likely be approved for is called a secured credit card. This article explains a few types of cards to look for after filing.

Step Carefully Back Into The Credit Game

I advise my post-bankruptcy clients to focus on rebuilding credit. I also encourage them to be careful not to jeopardize their new financial stability. While it is smart to build good credit for the purchase of a home or reliable vehicle, it’s important to avoid over-extending ourselves.

Once A Client, Always A Client

I have realized that the lawyer-client relationship is nowhere near over just because the client receives a discharge in bankruptcy. My clients consider me to be their lawyer going forward. I’m proud of that. I have conversations regularly with old clients who need my help with a question about a new car or a communication from a mortgage company. I don’t charge for that time—it’s nice to reconnect and I’m happy to be able to help.

If you’d like to speak with a charlotte bankruptcy lawyer today, please call me. I’d be happy to answer any questions you may have about bankruptcy or your finances, no matter the situation. 704.749.7747.