Want this question answered?
It depends on what type, but the typical bankruptcy will be on your record for 7 years.
This is not a straight yes or no answer. Somethings such as bankruptcy can say on a record as long as ten years. Many things will be off your record after 7 years but not everything.
Long as you put it in your reaffirmation so that it will not be part of your bankruptcy you will be able to keep it. Same thing as with a house. Just as long as it was part of the agreement that it was not included in your bankruptcy then you are o.k.
If you are considering bankruptcy then it makes sense that you would seek out as much free bankruptcy advice as possible before you take the plunge.There are a number of longterm bankruptcy effects which cannot be avoided, so it is important that you are fully informed about the process of bankruptcy and what it means to your personal, professional and financial standing.The Internet is a great place to start when looking for free bankruptcy advice. There are a number of websites out there which offer an in-depth bankruptcy research. You should always seek expert advice about bankruptcy as there could be other debt solutions which are more suitable for your situationINFO:Before filing for bankruptcy, remember that it remains in record for 10 long years. Meet good financial lawyers to be able to handle this issue properly. Better consult them for advice so you will be guided. Filing for bankruptcy is not an easy thing to handle so better seek for legal advisers who will help you all throughout.
until you can fix it Like yeah until you fix it you'll always have a black mark! It really stinks!!!
It depends on what type, but the typical bankruptcy will be on your record for 7 years.
Bankruptcy stays on your record at least seven years in Ontario. Bankruptcy often stays on you record permanently, it just isn't considered after seven years.
they say 3 years but insurance companys will always use it against you even if they say there not
How long does a false charge stay on your record?
Bankruptcy will always be on your credit scoring record. After the bankruptcy is discharged it will have a less negative effect, and then after 6 years it is supposed to be considered done with and you get get a mortgage, loans etc. However, having a bankruptcy on your record will always have some negative effect even after the 6 years are up. Bankruptcies are maintained on a credit report for at least 10 years.
The day you get your discharge paper. I do caution against that because ANY bad mark after a bankruptcy is taboo and you will not be able to finance anything for a long time.
Bankruptcy isn't associated with a criminal record, as it's not against the law to file bankruptcy.If, however, you're asking how long a bankruptcy will stay on your credit report and 'on your file' you should be aware it will stay on your credit report (all 3 agencies) for 10 years. Other 'negative information' can (and probably will) be listed for 7 years.For full information or any other questions, please refer to the Fair Credit Reporting Act FCRA(http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre34.shtm).Hope that helps.
IN THE U.S. - - Unless the record is "expunged" by legal action, offenses ALWAYS remain on your record. Exception: charges levied against a juvenile are no longer available (except to law enforcement) after they become an 'adult.'
Forever. After some time it may no longer affect your insurance, but it will always be on your criminal record. Always and forever.
NO. You must file bankruptcy. Otherwise, collections efforts against you on bad debt may continue as long as some collector feels it is worth the small chance of payoff.
yes as long as you don't get a speeding ticket or anything else that can go against your driving record. yes as long as you don't get a speeding ticket or anything else that can go against your driving record.
The day you get your discharge paper. I do caution against that because ANY bad mark after a bankruptcy is taboo and you will not be able to finance anything for a long time.