Hi there, I was wondering if anyone can help me.... I had really good credit history however recently I was forced to apply for bankruptcy as joint co-signer for my husband.
We already received the discharge but now my question is how soon after bankruptcy I can apply for credit card, who I can apply with...what to do in general to get a credit card?
did you reafirm any positive tradelines?
Congrats on your discharge. Glad you found us!
First off, the rebuild process should start immediately after your receive your discharge. I'm assuming you filed a Chap 7. 6 months to a year is way way to late.
Now step 1 is reviewing all three reports as has already been mentioned. Make sure everything is reported correctly, dispute items that are not updated.
Step two, Apply for a Capital One product. You could try for the secured card or one of the lower end unsecured products. Unlike many folks here I would also suggest adding Creditone. They have a $75 AF and should be cancelled in your 11th month.
Visit your local credit union and meet a loan rep. Ask specifically about their BK policies. Don't join a CU that specifically prohibits post-BK lending for an extended period of time.
Once you find a CU, open a credit builder or secured loan. At the same time you can take the secured loan money and fund another secured card.
Assuming you've played this right, you should now have 3-4 credit lines.
Once you hit about 5-6 mos of new credit activity, apply for a barclays product. You might have to recon but will be likely approved if you followed above instructions.
Do not waste any apps on primes. Citi/Amex/BOA will all deny you swiftly. Stay away from them. You can try for GE at about 6 mos as well.
Also direct future posts to the BK forum. Lots of good recent and old experienced folks there.