Filing for bankruptcy is not the end of the world for your credit! On the contrary, after you have emerged from a bankruptcy successfully, you can begin building your credit and improving your credit score again. In the words of the public affairs manager at Fair Isaac Corp., which created the FICO credit-score rating, "Nowadays lenders pay greater attention to other factors. If you mind your Ps and Qs after the bankruptcy, you can restore your credit rating once the bankruptcy data finally falls off your credit report."