My Son Chooses to Be Alice (in Wonderland) âIf you wear a girlâs costume, some people may ask you questions or wonder why youâre dressed like a girl,â I explained. âI know, he replied.
by FreeAdvice staff. A bankruptcy will stay on your credit report for up to 10 years, but many credit reporting agencies will remove it after 7. This is similar to the reporting period for late pays or delinquent accounts posted on your credit report, which is also 7 years.
The bankruptcy will be recorded as dismissed but, the case will remain on your report. When It Goes Away How long a bankruptcy, dismissed or otherwise, stays on your credit report depends on what chapter of the U.S. Bankruptcy Code you filed under. If you filed a Chapter 7 bankruptcy, the classic liquidation bankruptcy in which debts are wiped out but the trustee may sell off some of your assets, the bankruptcy case will remain on your credit report for 10 years from the date you filed your petition. For your Experian credit report, having filed a Chapter 13, in which you pay down your debts for several years before any are erased, the bankruptcy will stay on your credit report for seven years from the filing date. The date on which ...