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General Bankruptcy Question


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I apologize, if this question been answered million times here, but how soon after a person files Chapter 7 Bankruptcy he/she does get credit card offers or how soon can a person apply for a secure credit card to build credit,   Once, again I do apologize if this been answered a million times.

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  • 1 month later...

After I discharged my BK, I applied for a secured credit card from my bank within a few months. They approved me right away, they just need money as collateral. Within 6 months I applied for a capital one card with $1,000 unsecured line and was approved. I believe after the 1 year mark (and never missed any payments), my secured card was upgraded to an unsecured card. And it's almost like a savings account because you get your money back that they held on to. Hope that helps. 

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