How long will bankruptcy stay on my credit report? 4 Answers as of October 23, 2010

One of the scariest things about bankruptcy is how it will affect my credit for years. How long will it remain on my credit report? Will it affect my ability to get a loan for a house or a car? Can I still get new credit cards while it is on my credit report? What does it do to your credit score?

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Greifendorff Law Offices, PC
Greifendorff Law Offices, PC | Christine Wilton
10 years.
Answer Applies to: California
Replied: 10/23/2010
Sussman & Associates
Sussman & Associates | Mitchell Sussman
Typically, it will appear for 10 years. Needless to say, it is a black mark and will significantly lower your credit score.
Answer Applies to: California
Replied: 10/21/2010
Diefer Law Group, P.C.
Diefer Law Group, P.C. | Abel Fernandez
It will stay on your credit score for 10 years.
Answer Applies to: California
Replied: 10/21/2010
The Law Office of Mark J. Markus
The Law Office of Mark J. Markus | Mark Markus
It stays on your credit report for up to 10 years. How that affects your credit depends on a number of factors, including how you rebuild your credit after filing, your income, job status, etc.
Answer Applies to: California
Replied: 10/21/2010
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