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After seven years when debts from a bankruptcy are removed from the credit portion of your credit report will the bankruptcy still reported in the public record portion affect your credit status?
Wiki User
∙ 17y ago
bankrupcires stay on for 10 yrs. But when you gfinalize the bankruptcy the debts are automatically removed anyways.
Wiki User
∙ 17y ago
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Does bankruptcy affect eic eligibility?
no
How will bankruptcy affect the sale of real estate property?
No property can be sold, transferred, refinanced, etc. while in bankruptcy without the permission of the bankruptcy court.
Will your credit rating be affected by your partner filing bankruptcy?
If your partner files for bankruptcy and you don't then the bankruptcy will not appear on your credit report. But you will be partly responsible for before bankruptcy filing. Generally filing bankruptcy will affect the credit rating of the individual who filed it.
How many years would a bankruptcy filed in 1997 affect your credit?
My Sister is a solicitor in conveyancing and we are buying a house she is dealing with the searches and one of the searches is for Bankruptcy. She sais that they search for Bankrupsy in the last 10 years. Once Bankruptcy is resolved you have to wait at lease 6 years for it to be removed from your credit rating file then you need another 3 - 5 years to build up your credit rating again. Hope this helps
What is the best approach to file for bankruptcy?
The best approach to file for bankruptcy is to first evaluate your current situation. Is it truly bankruptcy? How will this affect you? If you decide that bankruptcy is the only way, this is what you must do. Contact a bankruptcy attorney to make sure that it is all done correctly. That is the only way to make sure.
Can bankruptcy affect your IRA?
NO
Does bankruptcy affect eic eligibility?
no
How would bankruptcy affect a license to sell insurance?
Bankruptcy would not affect your license to sell insurance in any way. It does not affect your ability to continue to make money.
Where can you find information about corporate bankruptcy laws?
Does corporate bankruptcy affect personal credit?
Will bashas bankruptcy affect your pension?
no gehegle
Does file bankruptcy affect tax return?
No
Can you get a marriage visa from Australia if you have filed for bankruptcy?
In what ways affect a bankruptcy your Australian marriage visa?
How does my poor credit and or bankruptcy affect my children getting student loans?
It does not affect them.
I am nearing retirement and have many credit card bills to pay which i cannot afford. is bankruptcy an answer and will it affect my partner if it is personal bankruptcy?
You should definitely discuss bankruptcy with an experienced attorney. It will affect your partner only if you have joint debts that wll have to be listed in the bankruptcy. S/he will have to pay the debt.
How will bankruptcy affect the sale of real estate property?
No property can be sold, transferred, refinanced, etc. while in bankruptcy without the permission of the bankruptcy court.
How do the new bankruptcy laws affect bankruptcy lawyers?
The signature by an attorney on the bankruptcy petition is a certification that he or she has no knowledge, after a diligent inquiry, that the information on the schedules is incorrect.
How long after filing chapter bankruptcy for it to be removed from your credit report?
7 years Bankruptcies are included in most credit reports for 10 years from the time of discharge. bankruptcies are not debts...those are generally discharged or paid in BK....they are reported, generally, for 7 years. As a matter of legal courts public record, the BK itself is able to be found on many other searches for just about forever.
