How long does bankruptcy affect your credit?

Answer Bankruptcy can affect your credit report for seven to 10 years and can potentially cripple your chances of receiving credit in the future. Chapter 7 and Chapter 11 bankruptcy remains on your credit... Read More »

Top Q&A For: How long does bankruptcy affect your credit

How long does bankruptcy affect a credit score?

According to the Office of the Comptroller of the Currency, a bureau of the U.S. Treasury Department, the Fair Credit Reporting Act permits a credit bureau to report a bankruptcy for 10 years after... Read More »

How does foreclosure&bankruptcy affect credit?

Bankruptcy and foreclosures are both stressful and traumatic. Both result in serious losses and take substantial time to recover. The effects of the two are long lasting but consumers should be awa... Read More »

Does Filing Bankruptcy Affect Credit Scores?

Your credit score can be affected by bankruptcy--in a negative way, of course. Bankruptcy can affect the cost you pay for other credit products. It might take a while to fix the damaging effects of... Read More »

Will a bankruptcy in my credit report affect my chances of getting assistance for medical school student loans?

I know that your credit will be messed up for times to come.HOWEVER, please note that loans for school cannot be wiped out even if you file for bankruptcy. You may look into getting a loan, which m... Read More »