how can i get credit card that were included in a BK 5 years ago to stop reporting to my report or can they report for the full time the BK shows on my report?
2007-12-05 20:01:20 · 4 answers · asked by tbone95843 1 in Business & Finance ➔ Credit
They will continue to show for 7-years from the date of first delinquency but should read "included in bankruptcy" with $0 balances.
2007-12-06 03:39:14 · answer #1 · answered by ? 7 · 3⤊ 0⤋
The credit bureaus keep your personal credit history for periods between 7 and 10 years:
Unpaid Tax Lien - Indefinitely
Chapter 7 Bankruptcies - 10 years from date filed.
Public Records - 7 years from the date of payment;
Closed or Inactive Accounts - 10 years from the date of last activity;
Derogatory Accounts - 7 years from the date of original delinquency;
2007-12-06 08:47:47 · answer #2 · answered by Sgt Big Red 7 · 0⤊ 0⤋
They should stay on your report for seven years after the last activity. Bankruptcy makes it so that you do not have to pay the debt and can't be sued for it. It does not change the fact that you didn't pay, and that fact can be reported.
2007-12-06 08:32:03 · answer #3 · answered by Ted 7 · 0⤊ 0⤋
write the credit bureaus and tell them to take it off.
2007-12-06 04:10:54 · answer #4 · answered by Anonymous · 0⤊ 2⤋