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Why are Bankrupsy on credit rating after 7 years
I was told by my lawyer that after 7 years that a bankrupsy is supposed to be removed by law. Is this correct?
Asked by
Navycajun
3 months ago
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its bankruptcy, and it stays on your credit reports for 7-10 years from the date of final discharge. If it hasnt been that long, then just give it time... I filed chapter 7 in 1995, and it was finally discharged in january of 1996, so it came off my reports in February, 2006 10 years plus 30 days for the reports to be updated...
matman1490 3 months ago