Bankruptcy And Your Consumer Credit Report

Chapter 13 does not remain on your credit report as long as Chapter 7. Generally, Chapter 13 is considered a less harsh remedy as it remains on your credit report for only seven years from the filing date. Chapter 7 has a more harsh effect as it remains on your credit report for 10 years. In some instances, a Chapter 13 that is later dismissed or not completed can also remain on your credit report for 10 years.

So How Long Does Bankruptcy Stay On Your Credit Report?

Direct answers to that question from the three major credit reporting agencies are provided below.

1. Experian
https://www.experian.com/blogs/ask-experian/infographic-how-long-does-something-stay-on-my-credit-report/

2. Equifax
https://help.equifax.com/s/article/ka1370000009FvfAAE/How-long-do-you-keep-my-credit-information

3. TransUnion
http://www.transunion.com/personal-credit/customer-support/faqs/credit-basics.page

The Louisiana bankruptcy attorneys at Simon, Fitzgerald, Cooke, Reed and Welch are here to answer all of your questions. To schedule a free initial consultation with one of our lawyers, please contact our law firm by calling 888-341-8091.