Having to file bankruptcy is a huge step in trying to get your debt under control. It also is a huge hit against your credit. After you file Chapter 7 and your case is discharged, it will show up on your credit report, letting any potential lenders know that you filed. At some point, you will need to start rebuilding your credit so that you can borrow money in the future.
According to Bankrate, you face an uphill battle trying to reestablish credit after filing Chapter 7 bankruptcy. However, it is not an impossible task. You will be charged higher interest rates and many lenders may turn you down at first. You are seen as a risk because you have had debt issues in the past. On the other hand, once you file bankruptcy, you cannot file again for eight years. This is actually good news to lenders and offers a bit of security.
Still, you should start slow with the credit rebuilding process. Do not get yourself in a situation where you cannot afford your debt again. Your best bet is to apply for a secured credit card. Use it and pay it off each month. You want to establish a good payment history. This will show lenders you can be trusted with credit. Eventually, lenders will be more willing to take a chance on you and will start extending offers at better interest rates. Plus, your credit score will gradually rise, which will open more credit options up to you. This information is for education and is not legal advice.