In general the answer is “no”. Once you file bankruptcy, credit card companies will know you filed whether you list them or not. Most credit card companies will close your existing accounts, even if you have a zero balance at the time of the bankruptcy filing. While your bankruptcy case is open it will be hard for you to acquire new debt but you should be able to get a secured credit card. A secured credit card is one that is tied to the balance in your checking or savings account.

We do not recommend that clients keep their credit card accounts current going into the bankruptcy because there is no assurance the credit card company will keep the account open or extend additional credit after the case is filed.

If you are filing for Chapter 13 bankruptcy relief, you may be able to use a credit card or gas card for business purposes.

Once your discharge is entered you will again be eligible for credit cards but you may need to let some time pass to obtain better terms. We do recommend getting some credit post-discharge and keeping the payments current so you can start rebuilding your credit. Do not worry because before long you will be getting credit offers again, most likely from the same companies you listed on your schedules.

For more questions about bankruptcy, visit our FAQ page.