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Therefore, you should stop paying credit card bills if you are about to file for bankruptcy to avoid wasting your money. Similar to credit cards, medical bill debts are also unsecured and can be discharged during bankruptcy, so you should not pay these expenses if you are close to filing.
A Chapter 7 bankruptcy takes approximately four to six months after the initial filing to be completed and your debts discharged. After that, you can apply for a credit card. A Chapter 13 bankruptcy, however, can take between three to five years as it's a restructuring of your debt that you pay off over time.
While a person cannot exclude a credit card from their bankruptcy petition, they can reaffirm their debt to improve their chances of being able to keep their card.
Credit card debts, with some exceptions, are treated as unsecured claims when you file for bankruptcy. Occasionally, a credit card will be secured with collateral, but in most cases, debts accrued on a credit card are not secured, and they will be discharged through Chapter 7 or Chapter 13 bankruptcy.
You'll likely have to give up all of your credit cards if you file for Chapter 7 bankruptcy, but you can start rebuilding your credit once your case is closed. If you file for Chapter 7 bankruptcy and are hoping to hang onto one of your credit cards, you will likely be out of luck.