0
Why pay off any other 7-year credit report debts when you have a 10-year bankruptcy anyway?
Wiki User
∙ 19y ago
After a bankruptcy, your main goal should be to build up your credit. Even though you've filed, you may have received offers for car loans and credit cards (I know I did!) Your credit is not shot, and there are a lot of creditors out there willing to let you buy back your credit (and it's at a premium). However, instead of blowing it, pay your hospital bill (in full, even if you have to make payment arrangements). Allow yourself one low-credit limit credit card that you use for emergencies only--and that you pay off immediately after using. Learn your lesson from your bankruptcy. Build up your credit score. Someday you may want a house (apartment complexes do credit checks, too). Pay what you owe. It's worth it in the long run.
Wiki User
∙ 19y ago
Add your answer:
Earn +20 pts
If you file bankruptcy will that remove a charge off report from a credit card?
Filing bankruptcy does not remove a charge off report from a credit card on your credit report. It just adds bankruptcy to your credit report.
When will a 1999 discharged bankruptcy be removed from a credit report?
It should be removed from the credit report in 2009. A bankruptcy remains on a credit report for ten years from date of discharge.
How do you get bankruptcy off your credit report?
A bankruptcy will remain on a credit report for the required ten years, it cannot be removed arbitrarily.
Does a bankruptcy remove the crediters from your credit report?
No, the information remains on your credit report.
How long does it take after a bankruptcy is discharged to show on your credit report?
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.
If you file bankruptcy will that remove a charge off report from a credit card?
Filing bankruptcy does not remove a charge off report from a credit card on your credit report. It just adds bankruptcy to your credit report.
When will a 1999 discharged bankruptcy be removed from a credit report?
It should be removed from the credit report in 2009. A bankruptcy remains on a credit report for ten years from date of discharge.
How do you get bankruptcy off your credit report?
A bankruptcy will remain on a credit report for the required ten years, it cannot be removed arbitrarily.
Does a bankruptcy remove the crediters from your credit report?
No, the information remains on your credit report.
How long does it take after a bankruptcy is discharged to show on your credit report?
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.
What are the laws pertaining to a credit reporting agency still reporting after a bankruptcy discharge?
Debts included in the bankruptcy should be noted as such in the credit report. The bankruptcy will remain on the credit report for ten years.
In Maryland how long does a bankruptcy stay on your credit report?
Chapter 7 will stay on your credit report for 10 years from the date bankruptcy was filed. Chapter 13 typically stays on your credit report for 7 years from the date the bankruptcy was filed, however, can remain on your credit report for 10 years.
Can a bankruptcy entry on a credit report be removed when the bankruptcy was discharged in 1999 and it is listed on the credit report as 2006?
No, it cannot be removed but the information can be amended to read correctly. A bankruptcy discharge remains on a credit report 10 years from the date of discharge.
Can you remove bankruptcy from credit report?
Yes you can remove a bankruptcy from your credit report. You must dispute it to the credit bureaus using the Fair Credit Reporting Act. The credit bureaus have 30 days to verify the listing or it must be removed from your credit report. A bankruptcy should only be disputed if it is erroneous or inaccurate.
How long does chapter 13 bankruptcy stay on credit report?
Bankruptcy filings typically stay on a debtor's credit report for 10 years.
How long does a bankruptcy stay on a credit report?
Ten years from the date of discharge.
Will a credit score change when a discharged bankruptcy is removed from the credit report?
Yes, but only after the bankruptcy is removed from your credit report - which can take over ten years from the discharge.
