Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Bankruptcy
Profile Image

Question By
Santa427

0 Contributions
0 People Helped
Bankruptcy Chapter 13
My bankruptcy was done in October of 2005 that was almost (9) years ago. I was under the understanding that Chapter 13 only stayed on your report for (7) years. can you please help me understand this more and figure out how to get this taken off ASAP. I am trying to get my score up and this is a completely destroying my record. :-(

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
10852 Contributions
4391 People Helped

Should be gone.

Helpful to 2 out of 2 people

A Chapter 13 ("Wage Eatrner's Repayment Plan") stays on your credit report for 7 years, so you may want to dispute this continued reporting of this action with the credit bureaus reporting it.  Do so in writing and keep copies of all correspondence for your records.

A Chapter 7 bankruptcy does stay on credit reports for 10 years. 

Top Contributor
3051 Contributions
2898 People Helped

Helpful to 0 out of 2 people

Bankruptcy stays on for 10 years, not 7.  Since this one is so old, it probably isn't hurting your score as much as you think.  Look over your report for other items that may be causing your score to be low.

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.