How long does a Chapter 7 Bankruptcy stay on my credit? 23 Answers as of July 11, 2013

If I file for Chapter 7 bankruptcy how long will it stay on my credit report?

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Burnham & Associates
Burnham & Associates | Stephanie K. Burnham
Seven to ten years from the date of discharge.
Answer Applies to: New Hampshire
Replied: 6/10/2011
Law Office of Maureen O' Malley
Law Office of Maureen O' Malley | Maureen O'Malley
It will remain on your report for 10 years, and your credit score increases each year after filing as long as you don't incur more bad debt. I've had clients buy a house within 2 years of filing, in fact. But I recommend building a savings account and not even applying for credit of any kind for at least 2 years.
Answer Applies to: Virginia
Replied: 6/9/2011
The Northwest Debt Relief Law Firm
The Northwest Debt Relief Law Firm | Thomas A McAvity
It will remain on your credit report for up to ten years, but that has very little to do with its actual impact on your credit score. We often see clients obtain 700 plus credit scores less than two years after filing chapter 7 bankruptcy.
Answer Applies to: Oregon
Replied: 6/9/2011
Janet A. Lawson Bankruptcy Attorney
Janet A. Lawson Bankruptcy Attorney | Janet Lawson
It will be there for up to 10 years.... but that does not mean you can't buy anything for 10 years. If you come out of bankruptcy with a car payment and make the payments on time, that will rehabilitate your credit.
Answer Applies to: California
Replied: 6/9/2011
Steven D. Keist, Attorney at Law
Steven D. Keist, Attorney at Law | Steven D. Keist
That would be ten years.
Answer Applies to: Arizona
Replied: 7/11/2013
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