Credit Reports
Bankruptcy Law

How many years does it take to get chapter 7 of your credit report?


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2015-07-16 18:27:41
2015-07-16 18:27:41

A chapter 7 can remain on your credit report for up to 10 years after the date of the discharge. It will drop off after that because of the federal Fair Credit Reporting Act.


Related Questions

A credit report includes a list of every request for your credit report in the past two years.

I disagree with the earlier comment. As documented in many places, the date of FILING is what matters. It will stay on your credit report for 7 years from the filing date

I'm assuming you're referring to Inquiries. The answer is 2 Years.

Generally, only the last twelve (12) months of credit report requests are included on a credit report.

Your credit report? For at least 10 years. However, as a matter of public court record, it is available many ways for much longer.

Probably not. It was an attempt to get out of paying debts and many creditors would consider this to be significant as an indication of your credit risk. A dismissed chapter 13 BK remains on the credit report for 7 years from the date of the dismissal. This is true for Experian and Transunion. Equifax keeps a dismissed Chapter 13 BK for 10 years after date of filing... if anyone has been successful in getting Equifax to remove this item after 7 years, please share how you did it !!

The statute of limitations on reporting chapter 7 bankruptcies for 10 years has been in place for many years prior to the Fair Credit Reporting Act being amended in 2003. A chapter 7 bankruptcy can be shown on your credit for 10 years from its date of discharge.

Credit reporting agencies stores information from credit grantors and public record information, including bankruptcy, choice and liens. Skipped obligations and many criminal record products stick to the credit history for seven years, except for Chapter 7, 11 and 12 bankruptcies, which remain for ten years, and delinquent tax liens, which remain for approximately 10 years. Active positive information may stick to the report indefinitely. Demands for your credit report stick to the credit history for approximately 2 years.

A bankruptcy will appear on your credit report for 7 years. Though most banks will not take it into account after 2 years from the date of discharge, if you want to refinance. Though with a chp. 13 you can refinance before the 2 year period. 7 yrs. If it still appears on your credit report after that period you must request that your tradelines & report be updated. This is no longer correct. It will now stay for 10 years. I work with them all the time.

A good credit history will remain on your report. The negative credit reported will usually fall off in around 7 years. Judgments will stay on your credit report until they are satisfied.

The "seven year" thing is somewhat obsolete for a few reasons. 1. Chapter 7 stays TEN years, not 7. Chapter 13 stays seven. 2. Many, many lenders will offer credit before that time frame is up. In under a year from discharge, some subprime credit card companies might offer you a small card. After about 3 - 4 years about 50% of "prime" lenders will do at least something for you if you have re-established some credit. Do this right and the "gap" will be nonexistent.

No...apples and oranges anyway. The law on how many times you can file BK is in know way relevant to credit reporting of what your payment and history has been, which is, essentially, an independent information service (business) available to its subscribers.

There are many ways one can get their credit history report. Among them are the Annual Credit Report, Free Credit Report, Credit Karma, TransUnion and more.

It has always been 10 years. Some CRAs will take it off after 7. Bankruptcy has its basis in the Bible. The Bible states 7 years so many places (including CRAs) ignore it after 7. More input from FAQ Farmers: * I don't know for how long, but for at least the past 8 years the rule has been that Chapter 7's are on your credit report for 10 years, and Chapter 13's are on your credit report for 7 years. I think the fact that different chapters affect your credit for a different amount of time is where the confusion comes from.

State is not a consideration in BK, it is a Federal court action and law. Credit reports also do not depend on state of residence. BKs are reported on the standard type credit report for 10 years. the information, as a matter of public available many places for almost forever.

Significantly, but most important of all will be what have you done to make sure you have paid your credit cards on time and how have you rebuilt good credit since you last file Chapter 7.

There are many ways how a person can access or get a free credit report. There are websites such as, go free credit, free credit report, and credit report all offer free credit reports.

One could get an instant credit report from many different places. One Stop Credit Report gives fast credit reports, as do Credit Karma and Annual Credit Report. These three sites are excellent places to go for an instant credit report.

A credit report is a type of service that many different companies provide. A credit report means to allow a consumer to check their credit and spending history.

The purpose of the Experian credit report is to find out your credit score as well as many other things. The Experian credit report is everything you need to know about your credit score.

One can get a credit score report from many different places that offer them, such as credit consulting companies. One can also request a credit score report from the Equifax, Annual Credit Report, and TransUnion websites.

No, it will show on your credit report as a paid collection/judgement and will fall off of your credit report in 7 years. After you pay the debt keep all receipts and check your credit report in about 60 days to make sure they reported it as paid. Many collection companies never report it paid.

Your credit re-establishes itself every 7 years, which means if you have a negative item on your credit that has been charged off it will go away in 7 years but up to ten years for bankruptcies and repo's.

all your credit cards,home address and previous address,card you canceled and still have and how many years you had you credit cards and ect.

Generally, credit report notations fall off after 7 years, unless the hits are repeated.

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