Lisa925

1 Contributions 3 People Helped

Member Since: March 2012

Most Helpful Contribution

Will a bankruptcy come off automatically?

Jun 08, 2017
Helpful to 3 out of 3 people

You're absolutely right. It is the lender that determines the time period from when you filed your bankruptcy. Whether it is showing on the credit report is null. i.e. if you are getting prequalified for a home loan they will see you had filed bankruptcy. But if it is past 7 years, they will not count it against you. So if it's showing or not, doesn't matter.

Activity (1 Total Contributions)

Will a bankruptcy come off automatically?

Jun 08, 2017
Helpful to 3 out of 3 people

You're absolutely right. It is the lender that determines the time period from when you filed your bankruptcy. Whether it is showing on the credit report is null. i.e. if you are getting prequalified for a home loan they will see you had filed bankruptcy. But if it is past 7 years, they will not count it against you. So if it's showing or not, doesn't matter.