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.
It does depend on the type of negative information but here is a breakdown of how long different types of negative information will remain on your credit report: Late Payments: 7 years; Bankruptcy: 7 years for completed Chapter 13 bankruptcy and 10 years for Chapter 7 bankruptcy. Foreclosures: 7 years