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5 answers

No. They stay on for 10 years from the last date of activity. They will show up on your credit report as in bankruptcy with a zero balance (if it a chapter 7 if its 13 than it will show a balance until paid). Sometimes creditors will still report a balance due even though the account was covered in the bankruptcy. You should dispute all accounts with the credit bureaus to make sure they report right. Also, chapter 7 liquidates any and all collections, foreclosures, repos, and charge offs that were opened before the discharge of the bankruptcy (Beasley Act) so make sure you check for those accounts on your credit report. You will have to give the bureaus a copy of the discharge paperwork to show those accounts as paid if the original creditor is still reporting a balance.

2006-09-15 16:43:58 · answer #1 · answered by Kristin Pregnant with #4 6 · 0 0

You cant remove it....

How to Improve Your Credit Rating After Bankruptcy
http://get-out-of-the-debt-trap.com/category/How-to-Improve-Your-Credit-Rating-After-Bankruptcy.html

2006-09-17 00:59:49 · answer #2 · answered by Anonymous · 0 0

No once a bankruptcy is filed even if it doesn't happen, it is on your credit report for years.

www.daveramsey.com

2006-09-15 16:38:01 · answer #3 · answered by damsel36 5 · 0 0

it will take seven to ten years to get removed from your credit report.

2006-09-15 16:40:57 · answer #4 · answered by Anonymous · 0 0

First, get a better grip on the English language.

2006-09-15 16:36:38 · answer #5 · answered by backinbowl 6 · 0 0

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