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How Long Do Late Payments Stay on Your Credit Report?—Everything You Need To Know

CreditStrong for Business

More precisely, a Chapter 7 bankruptcy will remain for up to ten years, while a Chapter 13 bankruptcy generally remains for seven years. Partial payments that are below the minimum amount or any transaction returned for insufficient funds following the due date are also considered late.

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How Long Do Late Payments Stay on Your Credit Report?

CreditStrong for Business

A Chapter 7 bankruptcy will remain for up to 10 years, while a Chapter 13 bankruptcy generally remains for seven years. For example, if you missed a payment on a credit card debt account in January 2014, that would be removed in January 2021 by the credit reporting company.