If you need to file bankruptcy, your credit may already be in bad shape- so after your Bankruptcy is discharged your credit will likely improve. You could be back above a 680 FICO within 60 days after your discharge if you re-establish credit, pay everything on time, and check your credit to make sure all errors are corrected. We can help you with Credit Repair. The Bankruptcy is a public record and will report for 10 years, and the accounts you discharged will report for 7 years. Typically, you can qualify for most types of financing immediately after a Bankruptcy (e.g. credit cards and car loans). Also, most mortgage lending guidelines allow you to qualify for mortgage financing 2 years after a Bankruptcy.