Atoms of the four elements Carbon, Hydrogen, Oxygen and Nitrogen combine with traces of other elements to produce the molecules that make up the building blocks of our cells, amino acids. DNA (deoxyribonucleic acid) in the nucleus of cells acts as both the hardware and software of a system that uses amino acids to create proteins.
A Chapter 7 bankruptcy will usually stay on your credit report for ten years. But in general, this does not prohibit you from obtaining new credit and moving on with your life.
Steve, the charge-off will remain on your credit report for 7 years. The Fair Credit Reporting Act states that negative items will remain on your credit report for 7 years from the first date of delinquency resulting in the charge-off. Typically, a debt is charged off once it is delinquent for 120 to 180 days. The original time frame for a loan -- such as 5 years, in the case of an auto loan -- has no bearing on the length of time the delinquency will be reported in your credit file.