Credit card companies will pack your mailbox with offers of credit. They want you back in the system using credit cards and carrying a large balance. It’s a temptation that few can resist. These cards and offers will be from lenders that will charge high interest rates. The same goes for cars and trucks. There are numerous companies that will be glad to give you credit. For a while, the question will be about how much interest they will charge you for that credit, which will be high until you’ve regained your footing.
Now, you shouldn’t run out and start charging up credit bills again, but if you need a vehicle or furniture and appliances you will be able to get credit. National creditors see people who file bankruptcy as a good credit risk since all their debts were wiped out, they can’t file Chapter 7 again for eight years and they have money to spend. Many Mississippi bankruptcy filers are able to reestablish their credit within one year of their bankruptcy discharge.