2006-06-20 06:45:44 · 12 answers · asked by Gail B 1 in Politics & Government ➔ Other - Politics & Government
Chapter 7 Bankruptcy, which is total bankruptcy, stays on your credit report for 10 years. Chapter 13 Bankruptcy, more like a payment plan, stays on your credit report for seven years. Bankruptcy, however, is for life. Loan applications and many job applications ask if you have ever filed for bankruptcy. Ever. If you lie to get a loan because your bankruptcy is very old, technically you have committed criminal fraud.
2006-06-20 06:50:07 · answer #1 · answered by KWCHAMBER 4 · 0⤊ 0⤋
I don't know the new bankruptcy rules but the old ones were 7 for a chapter 7 amd 10 years for a chapter 13. The reason the 13 was longer was because a complete wipe of your credit report was delayed 3 years giving you a chance to pay the debts first.
2006-06-20 13:49:42 · answer #2 · answered by Answers R Me 3 · 0⤊ 0⤋
10
2006-06-20 14:07:36 · answer #3 · answered by aliajao 5 · 0⤊ 0⤋
11
2006-06-20 13:47:15 · answer #4 · answered by Phil My Crack In 4 · 0⤊ 0⤋
Usually 10 years.
2006-06-20 13:48:26 · answer #5 · answered by jessigirl00781 5 · 0⤊ 0⤋
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RE How many years does it take to get a chapter 7 bankruptcy off the books?
#EANF#
2014-10-07 14:20:29 · answer #6 · answered by ? 1 · 0⤊ 0⤋
10
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2006-06-20 13:49:05 · answer #7 · answered by joejoethefunky 2 · 0⤊ 0⤋
For no longer than 10 years.
2006-06-20 13:53:31 · answer #8 · answered by cuteboymom 3 · 0⤊ 0⤋
About ten, but if you keep your credit clean for 2-3 years after, you wil go a long way toward overcoming it. Also, you can declare again after seven years, if needs be.
2006-06-20 13:49:25 · answer #9 · answered by aboukir200 5 · 0⤊ 0⤋
Your credit from this filing will not clear from your records for at least 10 years.
2006-06-20 13:49:20 · answer #10 · answered by minpin 2 · 0⤊ 0⤋