Articles Comments

Debt Relief – Insolvency – Bankruptcy Information » Bankruptcy Help » Bankruptcy and how it appears on credit report?

Bankruptcy and how it appears on credit report?

My girlfriend and her husband are considering on filing Bankruptcy, but wanted to know exactly how it appears on their credit report? He already has a Foreclosure, Repossesion and countless of other delinquencies.Anyway, when he files for Chapter 7 will all those deliquent accounts be removed and the only thing appears on the report would be BANKRUPTCY or will it still reflect those creditors in addition to Bankruptcy? I think it would but that’s just my guess anyway if anyone here has filed and saw how it’s reflecting on their report, please reply.


  1. Is this a valid way to remove a bankruptcy from your credit report? I have heard this is a good way to remove a BK. See below. Has anyone tried this? Unlike other...

  2. How long does a chapter 7 bankruptcy last on your credit report in Connecticut? I filed for a chapter 7 bankruptcy on December of 2001 and it has since been discharged. I would like...

  3. What does filing bankruptcy do to your credit report? A non professional gave me the advice of filing bankruptcy for debt i have totaling $5000. His argument was that...

  4. What will a foreclosure do to your credit report? If my home goes into foreclosure, but i dont file bankrutcy, What will it do to my cedit report. ...

  5. The Ultimate Instant Gout Relief Report If you are suffering from gout youre just one click away from instant relief. The remedies are hiding right in...

Written by

Filed under: Bankruptcy Help · Tags: , , ,

3 Responses to "Bankruptcy and how it appears on credit report?"

  1. D J says:
    All the information stay on your credit report to 7 years, Since his credit is already trashed they might as well default & file. After the bankruptcy they can start rebuilding their credit , but it will take years.
  2. bdancer222 says:
    Each individual account will show that the debt was discharged in bankruptcy. Those items will age off the credit report 7-1/2 years from the date of first deficiency. The bankruptcy itself will show in the public records section and remain for 10 years. This is per the FCRA.

    Filing bankruptcy does not clear your credit report. It just relieves your from having to pay the debt. The “clean slate” is no debts to pay, not the credit report.

  3. crbesq says:
    The accounts will be listed and reported as $0 balance, discharged in bankruptcy.

    Nearly all consumer bankruptcy attorneys offer free consultations. Take advantage of this to meet with one and get advice based on all of the details of your particular situation. You can find a referral at (National Association of Consumer Bankruptcy Attorneys).

Leave a Reply

Connect with Facebook


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Not finding what you're looking for?
Do a custom search of our entire site:

Get Adobe Flash player