 While the stigma of bankruptcy can affect the self esteem of the business, its releaving to know that you can get a credit card for your small business after bankruptcy. Bankruptcy is not a label but a wake up call an many small businesses suffer the faith of misfortune and end up before the courts seeking relief from creditors. Although this can give your credit report a significant hit, it is not the end of the world and you can bounce back gaining creditability, securing financing, and even getting a credit card.
 The feelings of constant rejection wears away at the self esteem and body image and could paralyze any business owner who lacks the support and guidance to make a come back. You need to know that many have walk this road and while it feels lonely, it is something that can be managed and you can get through. As a business owner, you have the distinct advantage of using both your business credit and your personal credit to bounce back. Getting a credit card is the first action I would recommend as it opens the doors for you to reposition yourself and increase your opportunities to do more business.
 Here are the steps to get a credit card and your credit after bankruptcy:
While the bankruptcy remains on your credit report for over 7 years, you can bounce back today but taking these simple steps outlined and be on your way to a better business life and a greater future. So lift up your head and know that the future is still brighter and the threading of water for 7 years is just a myth, you can start today.
 The feelings of constant rejection wears away at the self esteem and body image and could paralyze any business owner who lacks the support and guidance to make a come back. You need to know that many have walk this road and while it feels lonely, it is something that can be managed and you can get through. As a business owner, you have the distinct advantage of using both your business credit and your personal credit to bounce back. Getting a credit card is the first action I would recommend as it opens the doors for you to reposition yourself and increase your opportunities to do more business.
 Here are the steps to get a credit card and your credit after bankruptcy:
Secure credit card: These are issued by banks everyday and require you to put up the amount of money you wish to get from the card as the deposit. The fees are taken from the card in most cases but it gives you access to credit immediately.
Pay on time: Although you are still obligated to maintain your other obligations, having a timely payment helps you to re-establish credit and that is needed for almost everything in business.
Do not over commit: Many business owners, I included over commit and extend ourselves, this causes us to find our self cornered at the end of the month with a pile of bills and no money to pay them.
Put down a Deposit: While your credit score has taken a hit from the bankruptcy you need to regain credit through revolving credit and installment loans. This gives monthly reporting to the credit bureau This could be done on an automobile or a mortgage.
While the bankruptcy remains on your credit report for over 7 years, you can bounce back today but taking these simple steps outlined and be on your way to a better business life and a greater future. So lift up your head and know that the future is still brighter and the threading of water for 7 years is just a myth, you can start today.