2006-07-24 11:56:35 · 7 answers · asked by arashed30 1 in Business & Finance ➔ Personal Finance
It won't fall off your credit rating after 10 years after the discharge was received, not 7 years. If it was a Chapter 7 bankruptcy, you won't be eligible to receive another Chapter 7 discharge for 8 years.
2006-07-26 03:28:33 · answer #1 · answered by Carl 7 · 0⤊ 0⤋
You`ll find lots of bad advice and put downs from people here. After your 10 years is up, and your bankruptcy is off of your credit report, you DO NOT have to disclose it to ANYONE. That`s why it`s removed after 10 years, to give you a fresh start.
2006-07-24 21:21:58 · answer #2 · answered by RSR 1 · 0⤊ 0⤋
They do not ever totally disappear...and about lying about bankruptcies and being fined...that is totally wrong...what are they going to fine you for? Being dishonest??? What is important is what credit is established since the bankruptcy has been discharged.
2006-07-24 21:21:14 · answer #3 · answered by dahublaz 4 · 0⤊ 0⤋
Bankrupties show on credit reports for 10 years. After 10 years, if you lie on a loan request about filing bankrupties, you are subject to fines.
2006-07-24 19:01:32 · answer #4 · answered by Pancakes 7 · 0⤊ 0⤋
I think all you need is 10 years, so you have 4-3 more years to go.
2006-07-24 19:00:12 · answer #5 · answered by bloake 4 · 0⤊ 0⤋
You can't and don't have any control over your credit report.
2006-07-24 19:00:13 · answer #6 · answered by Anonymous · 0⤊ 0⤋
A lot of details here.
2006-07-25 10:09:55 · answer #7 · answered by Anonymous · 0⤊ 0⤋