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bankruptcy

Posted on: 17th Sep, 2009 08:51 pm
How long does a bankruptcy normally last? I have been in bankruptcy for almost 4 years ? I was not told specifically when I filed. I was only told it could last for 3-5 years.

Ella
Hi porterwrig66,

Welcome to our forum.

Untill you have not rebuild good credit score bankurptcy will not leave you.
So start to rebuild your credit history now.

Thanks & Regards.
gunz.ijjistaff
Posted on: 17th Sep, 2009 08:59 pm
What type of bankruptcy did you file? I guess you filed for Chapter 13 bankruptcy. Under this bankruptcy, the lender must have given you a payment plan to pay off the dues within 3-5 years. Once you complete the payment plan, your bankruptcy would be discharged.
Posted on: 18th Sep, 2009 02:23 am
DEAR FRIEND ,
BANKCRUPCY WILL BE OFF AFTER 6-7 MONTHS BUT THAT TIME YOU WILL BE REBUILD YOUR CREDIT.BECAUSE IN FILLING BANKCRUPCY YOUR CREDIT GET LOW. SO FOR GETTING OUT OF BANKCRUPCY YOU NEED TO REBUILD YOUR CREDIT.


THANKS
SONI
Posted on: 19th Sep, 2009 03:11 am
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