You've filed for bankruptcy and your debts have been discharged. Your bankruptcy will remain on your credit report for the next 10 years. That doesn't mean you have to wait 10 years to reestablish your credit. It may seem strange but many creditors will see you as a good risk once your bankruptcy is discharged. Why? Well, creditors know that you won't be able to file bankruptcy for another 10 years, which means they'll be able to go after you if you fall behind on your payments.
2 September 2015