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Bankruptcy typically remains on your credit report for up to 10 years, depending on the type of bankruptcy filed. Chapter 7 bankruptcy stays for 10 years, while Chapter 13 bankruptcy usually remains for 7 years. However, it may be removed earlier in some cases if errors are found or if you successfully dispute it. Additionally, while it affects credit reports for a significant period, the impact on your financial life may lessen over time with responsible financial behavior.
What else can I help you with?
How long bankruptcy after discharged records stays?
1st bankruptcy = 7 years 2nd bankruptcy = 20 years 3rd bankruptcy = life
When can you claim your pension?
if you claim bankrupcy can it effect your pension
How long do you keep accounting records in the US?
How long to keep accounting records for business in the US
How long must the medical records be kept by the employer?
Employee medical records must be kept by employers for how long?
How long do banks keep records of cashed checks?
At least as long as the IRS requires records of transactions, 7+ years
How long a conviction for ABH stays on records in UK?
it stays on fr 5 yreas
How long does Fleeing or evading police stays on your record?
Criminal records are forever unless you are somehow able to expunge the offense.
You applied for bankruptcy in December 2007 you have recently applied for a loan and it seems to have been accepted Is it illegal for you to carry on with the application?
If your bankrupcy isn't complete, it would likely be a violation of the terms of your bankrupcy with the court. The court could then choose to deny your claim of bankrupcy. If your bankrupcy filing is totally complete, depending on the type of loan it is not unusual (except now with todays credit crisis) to be approved for a loan simply because the company approving the loan knows that you can not file for bankrupcy again for a relatively long period of time.
How long bankruptcy after discharged records stays?
1st bankruptcy = 7 years 2nd bankruptcy = 20 years 3rd bankruptcy = life
How long does trespassing stay on your record in ct?
The general rule is: everything stays on your record forever. Depending on circumstances, you may be able to petition to have that portion of your records "sealed".
Is'nt it true that after seven year off parole your reacord is clean?
No. You are confusing the bankrupcy law with criminal law. After seven years your credit record is considered clean if you haven't defaulted on any other loans and you can only declare bankrupcy every seven years. A criminal record as an adult stays with you but the longer you stay clean the better jobs and such. So, if asked, you do still have a record after seven years.
How long is a person a felon?
Unless the conviction was prior to your 18th birthday (at which age 'juvenile' records become sealed) your criminal record ALWAYS stays with you. It never "goes away."
When can you claim your pension?
if you claim bankrupcy can it effect your pension
What is potentially an extreme result of low production?
bankrupcy
Is filing for bankruptcy ever a smart choice?
Yes if you financially need to take that step. Filing for bankrupcy is not always bad, a lot of bankrupcy lawers can help you with lowering your debt.
How long does a speeding ticket stays on your record?
In Ohio it stays on for 3 years.
You are applying for job and wanted to know how long a misdemeanor stays on your record in TX?
It depends on where in Texas & what there record retention policy is. But generally, TX records have been computerized & placed on-line from 1976-Present.
