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Posted in Bankruptcy
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smashingx

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after filling for bankruptcy i have been denied in opening new credit cards
My lawyer told me i could start applying and get new credit cards right after filing for bankruptcy and i could get approved. But i have been applying without luck. All of the applications have been denied. So, i was wondering if someone could give me advice in where to go or how long do i have to wait to apply and get approved. Thanks

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The only credit card you can possibly get after filing bankruptcy is a "secured" card where you deposit a few hundred dollars in the issuer's bank and that would build your credit (which was totalled by the bankruptcy filing).  Bankruptcy hurts you for 10 years and you have to completely rebuild your credit. You will not be able to get "regular" credit cards until your credit is re-established.

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