Although a bankruptcy will show on your credit file for about 10 years, your credit may improve earlier and you may even be approved for credit offers or loans within a couple of months. The key is to be responsible with the credit you do have. First: you should get a copy of your credit report from each of the 3 credit bureaus(Experian, TransUnion and Equifax) and make sure that your bankruptcy is listed correctly. For each account that was discharged, there should be a “BK”

Many people see bankruptcy as the worst possible thing that could affect their credit. They believe once they file, they will never be able to buy a home, finance a car or obtain a credit ever again. While bankruptcy does leave a temporary black mark on your credit file, it will not prevent you from ever obtaining credit again. First of all, think about your current financial position; if you are paying bills late or missing them altogether, your credit score is already suffe