Credit Reports
Bankruptcy Law
Credit

How does a chapter 7 bankruptcy stay on your credit report in NM?

Answer

User Avatar
Wiki User
05/03/2008

Same as everywhere else.

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....but 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.