How Long Does Bankruptcy Stay On Your Credit Report?
CreditStrong for Business
SEPTEMBER 4, 2024
The trade-off for having your debt eliminated is a long-lasting derogatory mark on your credit report identifying you as a huge credit risk. Your credit report sees the effects of a bankruptcy filing for ten years for a chapter 7 bankruptcy. Thus, bringing them down to a humble 580 to 540 credit score.
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