It all depends on the employer, usually after seven years a bankruptcy is clear from your record, even though someone has a bankruptcy in their record they can try to get credit to begin to improve their credit.
Asked in Debt Collection, Small Claims
Does pending bankruptcy have the same effect as bankruptcy?
No. Some things may go into effect, but things are not totally ironed out with creditors. ...
Asked in Credit and Debit Cards, Bankruptcy Law, Credit
If you are an additional card holder on a parent's credit card account and you file bankruptcy will the bankruptcy appear on their credit?
The bankruptcy will appear on their credit if you include this card in your bankruptcy. If you leave the card off the bankruptcy, it will not effect their credit. ...
How long does a chapter 7 bankruptcy stay on your credit report in the state of California?
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! ...
Asked in Custody, Child Support, Income Garnishment
Can you file back child support in a bankruptcy in the state of Alabama?
Bankruptcy is a Federal process and has no effect on child support. Bankruptcy does not dismiss child support debts. ...
If a credit card company sues you can you file bankruptcy?
Thier actions, or lack, do not effect your ability to file for bankruptcy. ...
Asked in Child Support
How do you pervent someone from filling bankruptcy on back child support?
... prevent ... Bankruptcy is a Federal process and has no effect on child support. Bankruptcy does not dismiss child support debts. ...
Asked in Consumer Rights and Protection
When was the consumer protection act put into effect?
The consumer protection act went in to effect in the year 2005, The Bankruptcy Abuse Prevention and Consumer Protection Act went into effect with the goal of preventing abusive bankruptcy filing practices. ...
Asked in Credit Reports
How much does a bankruptcy negatively affect your credit score?
A bankruptcy stays on your credit report for 10 years and you may have to answer about it for the rest of your life. Who knows what effect it has on your credit score? Companies that lend money. Only when you apply for credit after bankruptcy will you know the full detrimental effect. ...
Asked in Bankruptcy Law
Once you file bankruptcy will your information come out of chex systems?
No, if anything bankruptcy is information that will add to any form of credit/background or information report. Nothing "comes out"...although some of the items on Chex may be effected, that effect/result would likely be reported. Basically, you live with the past you create and that is what is should be reported. ...
How long after a bankruptcy discharge do you have to wait before buying a car?
There is no time restraint on purchasing anything after bankruptcy. In fact, as it is "after", barring something like intentional fraud by using undeclared resources that were available at the time of bankruptcy, your actions after filing have virtually no effect on or from the bankruptcy. In the pure sense, even if you won the lottery the week after filing bankruptcy, that wouldn't effect the pre-filing situation. Getting financing for the car may be a different matter. A lender will look at...
Asked in Debt and Bankruptcy, Bankruptcy Law
Can you divorce while in bankruptcy?
Yes, you can divorce while in bankruptcy. Bankruptcy has no effect on whether you can divorce or not. While divorce and bankruptcy can occur simultaneously, it can end up delaying the bankruptcy process. Ultimately the proceedings can continue and the parties can divorce without issue. I've written more about this here: http://www.freshstartlaw.com/know-about-bankruptcy/ ...
Asked in Warrants, Criminal Law
Does bankruptcy protect you from a civil bench warrant?
No. It only protects you (financially speaking) from your creditors - NOT from the court. ALSO: Bankruptcy does not wipe out, or excuse, court ordered payments that were in effect prior to the bankruptcy filing. ...
Asked in Bankruptcy Law
Can you own a handgun when you have declared bankruptcy?
Bankruptcy is not a criminal thing. It is a legal and fincnial action that should not effect any other right you otherwise have. ...
How do you get payment on child support if your ex spouse files chapter 7 bankruptcy?
Yes, bankruptcy does not effect spousal support or child support.
How do you file bankruptcy to get a judgment off your driver license?
Filing for bankruptcy will have no effect on any judgement that has been applied against your dirvers license. ...
Asked in Bankruptcy Law
Can you own your own business while going through bankruptcy?
Depends on the type of bankruptcy you are filing. Generally a personal bankruptcy does not effect your business, and vise versa. However, if your business is filing bankruptcy, a Chapter 11 reorganization will allow you to stay in business. ...
Can you file bankruptcy if cosigned on a mortgage?
Yes, but the effect on the liability for the mortgage may keep you from discharging the liability for the mortgage. Consult a local bankruptcy attorney. ...
Asked in Immigration
How will bankruptcy affect your immigration status?
Bankruptcy has no effect on your immigration status. Once you become a citizen in the coubtry immigrated to, you lose your citizenship from your original country. ...