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
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
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
Law Office of Dennis Jay Sargent Jr, PLLC | Dennis J Sargent Jr.
Bankruptcy filing will stay on your credit report for 10 years. No fear though, generally you can start building your credit as soon as you receive a discharge. Many clients see an improvement in their credit score of 50 to 100 points within the first year after filing for bankruptcy.
Answer Applies to: North Carolina
Indianapolis Bankruptcy Law Office of Eric C. Lewis | Eric Lewis
Anywhere from 7 to 10 years depending on the credit reporting bureau.
Answer Applies to: Indiana