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Online Credit Reports & How They Are Tracking Everything You Do

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Examples include: Bankruptcies. What to look for in public records: A Chapter 7 bankruptcy stays on your credit report for 10 years after it’s filed. On the hand, after seven years, a Chapter 13 bankruptcy can be wiped out. Bankruptcy records filed in federal districts. Public Records.

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RMAI Update May 2023

RMAi Blog

26, 2023) A consumer filed for Chapter 7 bankruptcy, listing past-due rent he owed, and was subsequently granted a discharge. Keep your eye out for an email from RMAI for our Call for Presentations and be sure to submit your proposal. Nat’l Credit Sys. , 21-3131, 2023 U.S. LEXIS 10237 (7th Cir.

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How To Rebuild Credit After a Financial Crisis

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Life’s uncertainties—job loss, emergencies, foreclosures, bankruptcies—can severely damage credit. Bankruptcy will likely exacerbate any credit issues, causing an initial drop of about 100 to 200 points in your credit score. In the US, it’s after ten years under a Chapter 7 and seven years after a Chapter 13 bankruptcy.

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Derogatory Public Record or Collection Filed? Here’s What It Means For Your Business

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Unfortunately, derogatory marks cause your credit scores to drop and alert future creditors that you present a higher credit risk. According to Dun & Bradstreet , they can include liens, judgments, bankruptcies, UCC filings, and business registrations. Judgments : 7 years after the last date filed. Trade data : 60 months.