Dealing with a Chapter 7 bankruptcy can be stressful, and thousands of people in Texas go through it every year. While dealing with a bankruptcy is stressful, dealing with the aftermath can also be difficult. Depending on circumstances, it is possible for a Chapter 7 bankruptcy to stay on your record for up to 10 years. However, this does not mean that there is nothing you can do to improve your credit in the meantime. According to Credit Karma, a good route to take is a secured credit card. 

While a credit card may sound like the last thing you would want after dealing with a bankruptcy, a secured credit card works differently. Unlike a traditional credit card where you are given a limit (and the ability to max it out), a secured credit card will require you to make a deposit before you can use the card. This deposit is then your max.  

A secured credit card, however, is not a gift card. With a gift card, you put a certain amount of money on it and this is the balance: once you spend all of that money it is gone. With a secured credit card, if you put down $500 as the deposit, you can then go ahead and use that card just like you would an unsecured card.  

Secured credit cards are great for people who are recovering from bankruptcy since the limits are typically low. However, a secured credit card will make reports to the credit bureaus. You will want to use a secured credit card sparingly and pay it off every month so that those good reports go to the bureaus. This is an easy way to begin rebuilding credit after bankruptcy.