How Long Bankruptcy Stays on a Credit Report

Check out this video to learn how long bankruptcy stays on a credit report. Then call Perenich the Law Firm for a free legal consultation.

Question:

How long will bankruptcy stay on my credit report?

Answer:

How Long Bankruptcy Stays on a Credit Report Occasionally, in a bankruptcy case my client will ask, “How long does the bankruptcy case remain on the credit report?” This is a great question. It’s under federal law. In a Chapter 7 case, the bankruptcy can remain on the credit report for ten years. In a Chapter 13, it can remain on a report for seven years from the date of discharge, which is typically five years down the road, so it’s a total 12-year impact. I tell this to most of my clients, as well— credit is not the beginning and end of the analysis when we consider whether a person should file bankruptcy or not.

If you have any questions about whether bankruptcy might be right for you, please give us a call at Perenich The Law Firm. We’ve been representing clients throughout the state of Florida and here in the Tampa Bay area, and we are happy to help. We provide a free consultation.


Are you or a loved one unable to pay your debts and have questions about how long bankruptcy stays on a credit report? Contact our experienced Tampa Bay Bankruptcy Lawyers at Perenich The Law Firm today for a free consultation and case evaluation.

Our Florida law firm helps those struggling with debt see the light at the end of a dark tunnel. Let us navigate it for you.

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