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Can I get credit after bankruptcy?

Can I get credit after bankruptcy?

: Richard West Law Office

Not only is it possible to get credit after bankruptcy, it’s probably easier for many people to get credit after bankruptcy than it is before they file their bankruptcy!
If you think about it, the reason is pretty easy to understand. Before the bankruptcy you have a lot more debt than you can handle. After the bankruptcy is filed However you don’t have all of this debt, and your debt to income ratio is a lot better than it was before. Creditors know that after you file a bankruptcy you have very little debt. Also, creditors know that you can only file bankruptcy every so often and for this reason you are likely to be able pay new credit that you may be receiving than before you filed for bankruptcy. In fact, sometimes the fastest way to restore your credit score after bankruptcy is to obtain new credit.

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