Many of my clients worry more about their credit scores than they need to. Credit scores can be important, however, and necessary if you want to borrow money to purchase a home or vehicle. There are even dating websites now for people who require a good credit score for their match. For example: http://creditscoredating.com/ or www.datemycreditscore.com. A recent story in the New York Times noted that credit scores are becoming more common as filters on social websites.
Perhaps credit scores will become the new icebreaker, much like astrological signs were in the 1960’s.
The effect of bankruptcy upon a credit score depends upon the situation. Some people find that their credit score increases after they receive their bankruptcy discharge. Your lawyer should be able to counsel you about rebuilding your credit score.