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Posted in Bankruptcy
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Question By
Dyerwolf

0 Contributions
0 People Helped
how long before a bankruptcy is removed from my credit report?

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1 Contribution
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Most Helpful Response

Helpful to 76 out of 80 people

I Filed in Jan 2007, it just came off this month.  So the 10 year mark is correct....my score went up too!

Reply by
Kimber727

1 Contribution
67 People Helped
Helpful to 67 out of 86 people

Was that date your filed date or your discharge date? I filed in May 2007 and discharged Oct 2007. When should it fall off?

Reply by
unfair7964

2 Contributions
40 People Helped
Helpful to 40 out of 47 people

I spoke to a lawer and he said," that it should only be 6 years to be left on your credit report. I mention 7 years and he said, no, as far as he know 6 years ever since he has been a lawyer it has always been 6 years, but the credit people keep it on there for 7 and you should get it removed by law. They have to remove it by law." 

Reply by
MissMoneyBlu

3 Contributions
2 People Helped

Did you have to do anything or it just disapeared? did you get an alert from Credit Karma?

mine was discharged feb 2017 so mine should be at the 10 year mark next month.

4 Contributions
35 People Helped

Helpful to 22 out of 23 people

Filed 2009 removed in 7yrs credit score  780         Sept 20 2016          

2 Contributions
18 People Helped

bankrupsy

Helpful to 15 out of 16 people

When will my bankrupsy drop off my Credit report?  I declared chap 13 in 2012.

Top Contributor
7588 Contributions
3893 People Helped

Helpful to 15 out of 19 people

TEN YEARS

Reply by
poopypants5

1 Contribution
27 People Helped
Helpful to 27 out of 34 people

My attorney told me it was 7 years depending how you handle your debts in that time frame..... This is the first time I have been in this type of situation with no way out other than bankruptcy....the worst time in my fianancial history!

Reply by
heartnbutterfly

1 Contribution
19 People Helped
Helpful to 19 out of 20 people

I think it depends on when you filed. I filed for a Ch 7 after my divorce about 10 or 11 years ago. At that time I was told it would be removed in 7 years. About 5 years ago my husband & I had to file for a Ch 13 together, & we were told the laws had changed, & now it's 10 years before it drops off. We are about to get our discharge of debt in about a week!!! I'm curious to see what the other answers are. 

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Reply by
Random789644

261 Contributions
126 People Helped
Helpful to 18 out of 19 people

Not quite 10 years... if it's Chapter 7, it's ten years from being granted. If it's Chapter 13, it's only seven years from filing date.

1 Contribution
8 People Helped

Helpful to 8 out of 8 people

10 years

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Reply by
Random789644

261 Contributions
126 People Helped
Helpful to 4 out of 6 people

Only for Chapter 7 bankruptcy. Chapter 13 only stays on for seven years.

1 Contribution
10 People Helped

BANKRUPTCY

Helpful to 10 out of 13 people

What if bankruptcy was dismissed and NEVER ACTIVE .

Reply by
caruso56

2 Contributions
10 People Helped
Helpful to 8 out of 15 people

If you filed bankruptcy with the court it seems that could get complicated.

If you didn't make any payments to the firm or the trustee I would thibnk it's a wash.

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Reply by
Random789644

261 Contributions
126 People Helped
Helpful to 5 out of 16 people

If it's been dismissed, you're still on the hook for the debts (or if Chapter 13, go back on the hook for all the original debts). Good luck with that.

Reply by
alex81va

2 Contributions
2 People Helped
Helpful to 0 out of 2 people

The filing will still remain on your creidt report although your case was dismissed. If you file a second bankruptcy, both will appear on your credit report. 

2 Contributions
5 People Helped

why does banckrucy take a longer time fo

Helpful to 5 out of 5 people

why does bankrucy takes longer for some than others . I know people that it only took 7years and there are those that take a little longer

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Reply by
faidros

947 Contributions
148 People Helped
Helpful to 13 out of 20 people

Chapter 7 is full bankruptcy where you use your assets to pay off debts, if you have no assets then all debts are written off and you do not owe anyone that was listed on the bankruptcy.  This will remain on your record for 10 years.   Chapter 7 is where you make a payment schedule to pay off the debts.   This remains on your record for 7 years.  In addition to the bankruptcy, your credit report will reflect those accounts which went into collection and had late payment indications.  

Reply by
1badvette

4 Contributions
35 People Helped
Helpful to 7 out of 10 people

Mine was removed in 7yrs because if in my case a homeowner meaning my home was protected by the bankrupcty i still made payments to the mortgage company separated  from the bankrupcty

1 Contribution
5 People Helped

Bankruptcy

Helpful to 5 out of 6 people

I file bankruptcy and 1987 and it's deal on my report

Reply by
rlcctc61

1 Contribution
13 People Helped
Helpful to 13 out of 14 people

You need to contact the credit bureau that it is still reporting it. Ask them what you need to do to get it removed.

Reply by
Tigger19631961

1 Contribution
19 People Helped
Helpful to 19 out of 20 people

The reply was correct... That should be off your record for all three credit bureaus.  You can easily get do this by filing a dispute through annualcreditreport.com.  They will file to all three agencies for you and you will receive the outcome and a copy of you reports by mail.  It's pretty easy.

Reply by
1badvette

4 Contributions
35 People Helped
Helpful to 6 out of 6 people

dispute to credit company they will remove 10yrs is the limit but in some case such as mine 7yrs it gone

2 Contributions
18 People Helped

Bankruptcy

Helpful to 3 out of 3 people

I filed a Chapter 13 in 2012.  Have tried to work on my credit for few years now, but very, very slow.  How can I go faster?

I am 80 yrs old, just retired about 2 years ago and want a great credit score before I die! 

1 Contribution
4 People Helped

How to submit to the reporting bureaus

Helpful to 4 out of 5 people

It will be great it Credit Karma made it easier to contact the reporting bureaus.  I have a mark on my report that should not be there, but I have no idea how to do anything about it. 

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