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How Long Will Bankruptcy Stay on My Credit Report?
 
You've probably been asking yourself, The length of time Will Insolvency Stay on My Credit history Report? If I file a chapter 7 personal bankruptcy situation, just how bad will my credit rating be ruined? What happens if I submit a chapter 13 personal bankruptcy situation, for how long will that be on my credit rating? Exactly what about a Chapter 11 business personal bankruptcy?
 
At the time this video clip is made, a chapter 7 insolvency will stay on your credit history report for a duration of 10 years. You will certainly be able to get an auto financing and also a credit card typically within 30 to 45 days after you file a chapter 7 instance.
 
It is different in a chapter 13 personal bankruptcy case. Typically, a chapter 13 insolvency will certainly report on your credit report for 7 years a drop off. Bear in mind, in a ch 13 situation, you are in bankruptcy for a minimum of 3 years and also no greater than 5 years. This means if you are in a 5 year plan, the bankruptcy will only report for 2 years after your instance is done and afterwards it leaves of your credit report. Not a bad offer.
 
We are a debt relief agency. We help people file for bankruptcy under the bankruptcy code. Need Bankruptcy Relief? Give us a call 801-676-5506
 
office : 8833 So. Redwood Rd, West Jordan, UT 84088
 
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I hope this answered your question.
 
This video is really for you if you have a bankruptcy law case or if you are going to have a bankruptcy chapter 7 or 13 in Salt Lake City Utah or in one of these Utah locations: West Jordan, Holladay, South Jordan, Taylorsville, Pepperwood, Cottonwood Heights, Salt Lake City, Sandy, Midvale, Riverton, Draper, Sandy City, Magna, North Salt Lake, Bountiful, Woods Cross, or Herriman Utah cases.
 
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