After bankruptcy, people are often eager to rebuild their credit. One way is to obtain new credit cards and pay off the balances on time. 

As the credit card balances are paid, the individual's credit score will steadily rise. Many people, however, believe they will have trouble obtaining a new credit card because banks will not lend to them.

Generally, this is not true because most banks recognize that former bankruptcy filers cannot file for bankruptcy again for eight years. For this reason, they cannot get rid of their debts in the short term with another bankruptcy filing. 

If you or anyone you know is considering filing for bankruptcy, contact the Arizona bankruptcy lawyers of the Harmon Law Office at 480-829-0494.