Will bankruptcy ruin your credit forever (or for a long time)?

A bankruptcy does not normally ruin your credit.  It certainly will not ruin your credit permanently or for a very long time.  Most of our clients find that their credit begins to improve fairly quickly after their case is discharged, if they follow our post-filing advice.  Many of our clients are able to purchase vehicles or obtain unsecured credit almost immediately after their bankruptcy.  Additionally, many of our clients are able to obtain a mortgage to purchase a home within two (2) to four (4) years after their bankruptcy discharge.