Credit Reports

When does chapter 13 come off credit?

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2011-04-05 21:39:27
2011-04-05 21:39:27

Bankruptcies (both Chapter 7 and Chapter 13) remain on your credit report for 10 years.

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You credit score will not go up if you pay your Chapter 13 off early. Your credit score is not directly tied to every step of your bankruptcy.


Seven years is the standard for anything that has been settled to stay on your credit report. So the normal type of bankrupcy, Chapter 13 I believe, will be off the report after seven years.


No you can not get a home equity line of credit but you can refinance and pay off the chapter 13 with the new mortgage.


Charge off will still show up on your credit report as such as well as the bankruptcy. Chapter 13 requires the individual to repay a portion of the charged off balance this is a type of Settlement that the credit card companies/loan agengies will accept as legally binding agreement. Chapter 13 usually require a payment for 36 to 60 months.


A Chapter 13, whether it is dismissed or successfully receives discharge, is on your credit report for 7 years. A chapter 7 is on your credit report for 10 years. i called equifax and a discharged chapter 13 stays on for 7 years and a dismissed chapter 13 stays on for 10 years



I may be wrong about this, but it is my understanding that you CAN'T get a Chapter 13 off your credit report until it automatically comes off 7 years from the date it was filed. But, if it's on there longer than 7 years, you can ask the credit reporting agency to remove it. A Chapter 13 bankruptcy is listed on your credit report for 7 years regardless of why the case was filed or whether it was successfully completed or dismissed (and Chapter 7's are on your credit for 10 years). Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.


Usually within thirty to ninety days when the BK 13 is completed. I disagree with the above response. It is my understanding that a Chapter 13 bankruptcy comes off your credit report seven years after the Order for Relief, and the Order for Relief is issued immediately upon the filing of the petition. So, the Chapter 13 should come off of your credit report seven years after the filing date. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.


The amount of time a bankruptcy stays on your credit report after discharge differs between Chapter 7 and Chapter 13 Bankruptcy. With Chapter 7 bankruptcy, the Chapter 7 stays on your credit report for 10 years. Chapter 13 bankruptcy, after discharge, it shows for 7 years on your credit report.


An unfavorable item should be on your report for seven years. A co-debtor's chapter 13 should not affect your liability on the debt.



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.





It does not matter what state you filed your Chapter 13 Bankruptcy, as it was done in Federal Court, and these types of events stay on your credit for 10 years.


In The Soloist, chapter 13, the mayor asks Steve if he can come with him to Skid Row.


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.


One day. You can apply any time. However, your chapter 13 stays on your credit report for 10 years.


:A bankruptcy under chapter 7 or 11, or a non-discharged or dismissed chapter 13 bankruptcy generally remains on your credit file for 10 years from the date filed. A discharged chapter 13 bankruptcy generally remains on your credit file for 7 years from the date filed.




Yes converting a Chapter 13 to a 7 will further lower your credit score. It will show up on the public records section at the begining of the credit report. Once as an terminated chapter 13 and a second public record showing the filing of the Chapter 7. Each public record reduces your score. You can potentially be discharged from a Chapter 7 sooner and that's will be the time the clock will start ticking to eventually make it disappear from your credit report which I believe is 7 years for most derogatory entries


i am A Mortgage Broker The Bankruptsy Never Leaves The VCredit Report But if You Are Trying To Do Something With Your Credit Banks Go off The Discharge Date * 10 years for a dismissed chapter 7 and 7 years for a dismissed chapter 13.


Chapter 13 bankruptcy is one of two forms of bankruptcy available to private citizens. The other form being chapter 7-the most common form of bankruptcy. Chapter 13 is a restructuring form of bankruptcy. Unlike Chapter 7, it allows the filer to pay off his or her debts over time-thus lessening to severe crush to credit of Chapter 7.



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