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How Long Will Bankruptcy Stay on My Credit Report

Posted By Majed on Jun 20, 2011 7:10am PDT

Conventional wisdom says that bankruptcy stays on the credit report for 7-10 years, however that timeframe varies depending on the factors involved.  The creditors have the option of choosing the time from in which the discharge is reported. Some individuals report an improvement in their overall credit report b/c delinquent accounts are now discharged.

Bankruptcy impacts different people different ways.  However, it has proven a beneficial tool for many Americans. Contact the Fears | Nachawati Law Firm to find out how it can benefit you.


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