1st bankruptcy = 7 years 2nd bankruptcy = 20 years 3rd bankruptcy = life
if you claim bankrupcy can it effect your pension
How long to keep accounting records for business in the US
Employee medical records must be kept by employers for how long?
At least as long as the IRS requires records of transactions, 7+ years
it stays on fr 5 yreas
Criminal records are forever unless you are somehow able to expunge the offense.
If your bankrupcy isn't complete, it would likely be a violation of the terms of your bankrupcy with the court. The court could then choose to deny your claim of bankrupcy. If your bankrupcy filing is totally complete, depending on the type of loan it is not unusual (except now with todays credit crisis) to be approved for a loan simply because the company approving the loan knows that you can not file for bankrupcy again for a relatively long period of time.
1st bankruptcy = 7 years 2nd bankruptcy = 20 years 3rd bankruptcy = life
The general rule is: everything stays on your record forever. Depending on circumstances, you may be able to petition to have that portion of your records "sealed".
Unless the conviction was prior to your 18th birthday (at which age 'juvenile' records become sealed) your criminal record ALWAYS stays with you. It never "goes away."
No. You are confusing the bankrupcy law with criminal law. After seven years your credit record is considered clean if you haven't defaulted on any other loans and you can only declare bankrupcy every seven years. A criminal record as an adult stays with you but the longer you stay clean the better jobs and such. So, if asked, you do still have a record after seven years.
bankrupcy
if you claim bankrupcy can it effect your pension
it stays in your system for about 8-12 hours
In Ohio it stays on for 3 years.
Yes if you financially need to take that step. Filing for bankrupcy is not always bad, a lot of bankrupcy lawers can help you with lowering your debt.