You can pay back bankruptcy in 2 weeks if you like,but its still going to stay on your credit report ... View more

My Ch 13 just came off my credit report from all 3 cra's and my score jumped on average 45 points on each report. My ch 13 discharged was on my reports for 7 yrs not 10 yrs as some people have reported. A ch 13 dismissed will stay on 10 yrs and a ch 7 will stay on 10 yrs. Theres a big difference between a ch 13 discharge and a ch 13 dismissed. Hope this helps everyone. Message Edited by tnbumblebee on 08-17-2008 07:32 PM ... View more

I believe the people that say your score will go down are from people in bankruptcy that havent applied or got new credit and that makes sense that their score would go down. But people that have been discharged and applied and got credit will see a score increase. My situation , 1 month after ch. 13 discharge i applied and got a home loan with a 580 credit score. Sure it was a sub prime loan but since 8/2006 that i got mortgage my score has gone up 100 points to 680. My bankruptcy ..ch 13 discharged comes off my report in 3 months so i should see a pretty good rise. Im guessing around 40 points or more. Bankruptcy does stay on your report for 10 years if its a ch 7 or its a ch 13 that was dismissed instead of discharged. Ch 13 discharged stays on your credit report 7 years from date filed. Ive talked to all 3 credit agencies and thats what they tell me. Fiocs EQ 670 Ex 683 Tr 690 4-10-08 Message Edited by tnbumblebee on 04-23-2008 08:05 PM ... View more