Posted on: 27th Feb, 2013 12:29 am
my financial situation was such that i had to file chapter 7 bankruptcy in may 2006 and as we all know it will be there for 10 years, no way around that. however i'm not sure what the deal is with accounts/cc included in the bk. i'm sure that negative accounts are cleared off after 7 years but what if they were included in bk?
hi guest,
a chapter 7 bankruptcy will remain mentioned in the public records (credit report, etc) for 10 years. but the accounts included in your bankruptcy filing may get dropped after 7 years.
thanks,
jerry
a chapter 7 bankruptcy will remain mentioned in the public records (credit report, etc) for 10 years. but the accounts included in your bankruptcy filing may get dropped after 7 years.
thanks,
jerry
Hi Guest!
Welcome to forums!
What Jerry has mentioned is absolutely correct. The negative items will remain mentioned in your credit report for 7 years. However, with time the negative impact of these items on your credit report will get reduced.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
What Jerry has mentioned is absolutely correct. The negative items will remain mentioned in your credit report for 7 years. However, with time the negative impact of these items on your credit report will get reduced.
Feel free to ask if you've further queries.
Sussane
My attorney never completed reaffirmation agreement for my mortgage. He says that it wasn't necessary to complete this in the State of NJ. My mortgage company tells nme different. What is the answer and what should I do to get mt mortagge payments to be shown on my credit report?
Welcome Jpaws,
In order to get the mortgage payments shown on your credit report after a bankruptcy discharge, you will have to reaffirm your mortgage. This has to be done before you get a discharge from your bankruptcy filing.
In order to get the mortgage payments shown on your credit report after a bankruptcy discharge, you will have to reaffirm your mortgage. This has to be done before you get a discharge from your bankruptcy filing.