Moderator Emeritus
beamMEup
Posts: 4,473
Registered: ‎12-31-2008
Re: Bankruptcy FAQs

maggie88 wrote:

When you file bankruptcy the negative report remains on your file for 10 years. That's sad  ...but that is how it goes.  Usually after a year you can rebuild your credit again.



Just a quickie clarification.

 

A Ch 7 will remain on your credit report for 10 years.

A Discharged CH 13 will remain on your credit report for 7 years.

A Dismissed CH 13 will remain on your credit report for 7 years on Ex and TU; for 10 years on EQ.

 

And you can begin rebuilding immediately.  No need to wait.

Hope that's helpful!

Just puttin' syrup on something, don't make it pancakes.