How badly is your credit affected after bankruptcy? *Serious answers only*?

[vintageapple]

My husband and I are about to start bankruptcy, but I would like to know how badly it will really affect our credit. I know we cannot do much for owning our own home for approximately two years, but what about other debts, like car loans? Also, once someone has completed bankruptcy, what are some pointers you can offer to begin rebuilding credit (other than paying everything on time)? Thanks! ------

[Dr. Deth]

any kind of credit will be very difficult if not impossible to get for 2 yrs or so - credit acrds - I'm 6 yrs removed from a bank and still can't get a cc with less than a 19.9% rate. home mortgage - not likely to be able to get one for at least 3-5 yrs - my cred rtg was over 700 in 5 yrs - bought my first house - 7% mtg with zero down - you won't get zero down anymore though - sub prime mess ruined that ------