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bubvanzandt

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Does filing a chapter 7 remove past negative remarks?

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Not unless they are over 7 years old.  The Fair Credit Reporting Act, which is a federal regulation, requires that all credit transactions be reported for 7 years.  After that time, they will drop off.

But a Chapter 7 bankruptcy will be a negative on your credit report for 10 years.

Something to think about.

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