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2007-08-21 05:14:01
2007-08-21 05:14:01

10 yrs. after its dismissed.

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No, a BK does NOT remove negative items in credit reports.


can you stop wage garnishment from your wages if you file bankruptcy


No, in fact it will leave a Bankruptcy record on your credit report for 10 years.


Bankruptcies are a matter of public record and this is why they appear in credit histories. A Chapter 13 listing will remain on your credit report for seven years from the filing date and a Chapter 7 will remain on the credit report for 10 years from the filing date. The credit report entry will state the bankruptcy was filed and dismissed, not discharged.


Whether you are filing Chapter 13 or Chapter 7 bankruptcy, your credit score will be directly impacted for 7-10 years AFTER you exit protection.


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.


In a Chapter 7 bankruptcy, a person filing for relief is called a


Bankruptcies are not supposed to be included on a credit report 10 years after it was filed. There is nothing to prevent someone from accessing bankruptcy court records, newspaper reports of bankruptcy filing, etc., at any time. Most employers and credit-granting entities will just look at the credit reports.


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.


Most likely, yes. One of the biggest effects that filing for bankruptcy has is on your credit. Bankruptcy will stay with your credit for roughly 10 years and because of that your score will decrease, at least initially.


A person's income does not count after filing chapter 7 bankruptcy. All that counts is what you had before filing bankruptcy.


can you change your filing from chapter 7 to chapter 13 ?


You have to wait eight years after filing for Chapter 7 and 4 after filing for Chapter 13.


If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.


A chapter 13 lawyer is good at filing for bankruptcy for their client. A bankruptcy lawyer can help you find the best financial path after filing for bankruptcy.


The bankruptcy is not discharged. Your debt obligation is discharged. The discharge notice usually is mailed to you about 6 weeks after the 341 meeting. The filing of bankruptcy will stay on your credit report for 10 years from the date of filing.


Though legally it can be reported for up to 10 years after filing, most credit bureaus remove Chapter 13s after 7 years.


Filing for bankruptcy can have a lasting effect on your credit and that can cause some difficulties in getting any type of credit. Unfortunately, bankruptcy stays on your credit report for 7-10 years, after which time it is on your to work to get credit back!


Once your bankruptcy has been dismissed, you can apply for and receive new credit. It is not recommended but many people do get new credit cards after filing. Usually a company included in a bankruptcy will not extend credit to you again.


Yes. It is the most common reason for filing for bankruptcy. If the judgment creditor had an execution issued and attached any equity in your home, you may have a problem.


You should enter the amount due on the date of filing. Most bankruptcy lawyers use the most recent statement from the creditor or the most recent amount on the credit reports obtained prior to filing. You may round off the numbers to the nearest dollar, but you should have more than just a "ball-park figure." If you have not had a recent statement, get a free copy of all three credit reporting bureaus' reports at www.annualcreditreports.com.


There is not a specific score that your credit drops to after a bankruptcy. Your credit doesn't only depend on that one thing, but the rest of your credit history as well, and sometimes it will go up on certain credit reports since now you will compared to other people with bankruptcies on their record, instead of other people without. See the related links for more information.


It will approximately take Ten years from the date of original filing of bankruptcy.


It will only affect the non-filing spouse if the couple apply for some type of joint credit, such as a home mortgage. It will not affect the new spouse's credit report/score.



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