How long does bankruptcy stay on your credit report?
If you’ve made the hard choice to file for bankruptcy, you may be wondering about the impact on your credit. Specifically, how long does bankruptcy stay on your credit report? As you’ll see below, it primarily depends on the type of bankruptcy.
When is bankruptcy removed from your credit report?
A Chapter 7 bankruptcy can stay on your credit report for up to 10 years from the date the bankruptcy was filed, while a Chapter 13 bankruptcy will fall off your report seven years after the filing date.
After the allotted seven or 10 years, the bankruptcy will automatically fall off your credit report.