Debt and Bankruptcy
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How do you calculate exactly when a Chapter 7 bankruptcy will be removed from a credit report?


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2015-07-15 21:28:39
2015-07-15 21:28:39

If you filed March 11, 1997 it will stay on reports for 10 years so it should come off march 12, 2007. Chapter 7 bankruptcies stay on report for 10 years. Chapter 13 stay for 7 years on experian and transunion. On equifax they stay for 10 years!

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Chapter 7 Bankruptcy will be removed from a credit report 10 years after the date the Bankruptcy was FILED.

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A Chapter 7 bankruptcy stays on your credit report for 10 years. Generally a Chapter 13 bankruptcy will be removed after 7 years, but can remain up to 10 years.

A Chapter 7 bankruptcy will remain on the credit report for the requrired ten (10) years. There are not options for having it expunged sooner.

A chapter 7 bankruptcy filing remains on your credit report for 10 years. Chapter 13 bankruptcy remains for seven years. Under chapter 13 bankruptcy you repay at least a portion of the debt, so it is removed a little sooner.

If a judgment goes in the bankruptcy, it can be removed. The person who the judgment was for, has the right to request that it still be paid. In most Chapter 7 situations, the judge will decide in favor of the debtor.

The rule for refinancing after bankruptcy is that you should wait 10 years after filing bankruptcy even chapter 13 so that the bankruptcy is off of your credit and you can get a better chance of getting the refinance. You could try before it's removed but you will have difficulties.

As far as I'm aware, it is removed automatically after 7 or 10 years from the filing date depending on which chapter you filed.Thanks for using!

A Chapter 7 Bankruptcy may stay on your credit report for up to 10 years. A Chapter 13 Bankruptcy may stay on your credit report for up to 7 years. But both may be removed earlier if the information they are reporting is incorrect, incomplete, misleading, or unverifiable.

In California it depends on which Chapter you filed under. 10 yrs on your credit report is the max time.

It should rotate off of your credit report about 7 years after being discharged. It cannot be removed.

10 years before the Chapter 7 is removed. It will decrease your scores dramatically to 400s to 500s.

You can write them or call and request that your bankruptcy be removed. They do not have to remove it, however. It is generally the amount of time that it falls off your credit or is not considered when being looked at for credit.

You cannot have your bankruptcy "removed" in anyway that I know of... I have been selling homes for 11 years and I have yet to see that happen. Depending on whether you filed chapter 13 or 11, it can be "overlooked" after 2 years if you are wanting to buy a home. If you have had late payments after the bankruptcy you will more than likely have to wait 5-7 years

No. A bankruptcy becomes a public record as soon as it is filed. Its the same as any other type of lawsuit. Even if they are dismissed, they will still show up when searching for your name. The fact that a bankruptcy was not completed does not negate the fact that it was filed.

A Chapter 7 bankrutpcy may display on your credit for 10 years from the date of filing. Chapter 13 may stay for 10 yeas also, but it is customary for those to be removed after 7 years.

Here is the question, was the judgment placed under the bankruptcy? If so, you can dispute the items as part of the bankruptcy. If not, it is a separate entry and has the right to stand on it own.

It should be removed from the credit report in 2009. A bankruptcy remains on a credit report for ten years from date of discharge.

Yes, but only after the bankruptcy is removed from your credit report - which can take over ten years from the discharge.

If you have checked your report from Equifax and a discharged bankruptcy is on there, you can simply write to them with the amendments and they are obliged to correct their report.

You can't get it removed. It will stay on there for 10 years and that is just a consequence of filing for bankruptcy. You can write to the credit reporting agencies to have the entry changed to reflet that it has been dismissed.

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