Will I have credit after filing?

A. The filing of a Chapter 13 will be reflected on your credit report. And it may make it more difficult for a time to obtain credit from some lenders. After all, it is always up to the lender to decide if he wants to lend you money.  One reason why the creditors are cautious is because by filing a Chapter 13 and receiving the courts protection you are pledging all your income toward the plan.   You, therefore, usually have no disposable income during the term of the Chapter 13 plan. Certain lenders may indeed refuse loans to persons who have filed Chapter 13 proceedings, just as they may refuse to grant them loans because of their debt problems. The filing of a Chapter 7, however, actually improves your credit since you will probably have disposable income after the chapter 7 bankruptcy. Your debt ratio improves after a chapter 7 bankruptcy but not necessarily after a Chapter 13.