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ten years
It is possible for the married couple to file a chapter 13 or in some instances a chapter 11.
A personal bankruptcy can remain on your credit history for up to 10 years, which can make it difficult to get a business loan; however, if your business credit is established as a completely separate entity from your personal credit, you may increase your likelihood of getting a business loan.
By law, a person (or couple) can only declare bankruptcy every seven years. If you go through with a Chapter 7 bankrupcy, it will take 7 years for it to rotate off of your credit history.
You can dispute a bankruptcy to the credit bureaus. This gives them 30 days to verify it with the courthouse that filed it or it must removed from your credit report. This would only be the bankruptcy, not the items included in bankruptcy. You would have to dispute them separately. Answer No, a bankruptcy cannot be removed if you actually had one and it was discharged. Rather, it will "time out" after a set number of years. You can recover some credibility after a couple of years of paying accounts as agreed.
I think yes..there is no relationship between filing bankruptcy and apply for citizenship.filing bankruptcy is a personal issue its not a any crime or what.its true that it will be remain in your name for some years but it does not affect on your citizenship.
It can stay on your personal credit report for up to 10 years, but most credit reporting agencies will remove it after 7.
The bankruptcy proceedings remain on your credit record for 10 years. During this period, it is very difficult to reestablish credit and borrow funds for items such as a new car or home.
A doctor needs about eight to ten years of education. Four years are college. A person will then have to go to medical school for a couple of years and then be a resident at a hospital for another couple of years.
1st bankruptcy = 7 years 2nd bankruptcy = 20 years 3rd bankruptcy = life
The bankruptcy proceedings remain on your credit record for 10 years. During this period, it is very difficult to reestablish credit and borrow funds for items such as a new car or home.
If you need to write a letter that you filed bankruptcy, simply address it to a judge or magistrate and state the reasons whether they were medical, financial or relationship oriented. Sometimes you may need to do this when you apply for credit after a bankruptcy is discharged as this will show for quite a few years.