Example Calculation. If you're a building owner leasing a building for $3,000 per month for a three-year term, the total amount you can plan to collect is $108,000. You would pay your real estate agent an average of between $4,320 for a 4 percent commission and $6,480 for a 6 percent commission.
1 A Chapter 7 bankruptcy remains on your credit report for 10 years after the date filed.  Chapter 13 Bankruptcy: The person filing repays a portion of his or her debts through a debt repayment program. A Chapter 13 bankruptcy remains on your credit report for seven years after the date filed.
In all actuality, there is a possibility to have a bankruptcy removed off of a credit report. The federal law does not state that a bankruptcy MUST stay on your credit report for 7-10 years. The law ONLY states that it must be removed after the falloff date. It is possible to challenge the accuracy and verification of a bankruptcy. Sometimes, clerical errors are made.