How Long Will the Bankruptcy Remain on my Credit Report?


A bankruptcy can be expected to stay on a credit report for the duration of the bankruptcy case plus a period of 10 years from the date of the discharge.

However, credit is often available to those who have filed bankruptcy, and a normal automobile loan rate can usually be secured only two (2) years after the discharge. An ordinary mortgage loan rate can often be secured only four (4) years following the discharge. (Please note that these time periods presume that income is sufficient to support the loan, as would ordinarily be required by the lender, and good credit has been maintained since the bankruptcy filing).

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