- Just because you file bankruptcy does not mean that your life is over.
- You will still be able to purchase a car, lease a car, buy a home, and get credit cards.
- You have a clean slate, so you are a better credit risk than you were when you had all of your debt.
- It does stay on your credit report for 7 years but you have no debt and so you will be able to repay any new debt that you incur.
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