Does filing a Chapter 7 bankruptcy mean I will not be able to get credit for the next ten years?

Although bankruptcy is not good for your credit, generally individuals who file Chapter 7 can obtain credit within a few months after completing their case. Many credit card and loan companies will see you as less of a risk since (a) you cannot file another Chapter 7 for eight years and (b) you have eliminated all of your other creditors leaving you debt-free. Rebuilding your credit is really just a matter of (a) keeping your job, (b) having a stable address, (c) paying all current debts on time, (d) saving money regularly which shows you are in control of your finances, and (e) making responsible use of the credit that you do incur.