Can I Remove Bankruptcy From My Credit Report

Can I Remove Bankruptcy from My Credit Report?

credit and bankruptcy

How long does bankruptcy stay on your credit report? It will depend on whether you file Chapter 7 or Chapter 13 bankruptcy. Chapter 7 bankruptcy remains on your credit report for 10 years from the date of filing; Chapter 13 bankruptcy remains on your credit report 7 years from the date of filing.


Should I hire a credit repair company?

Many credit repair companies claim they can remove bankruptcy from your credit report, charging a fee and promising to clean up and repair damaged credit, but unfortunately, although they may be able to take small steps to improve your credit score, they will not be able to remove bankruptcy from your credit report. What they also will not tell you is that the few steps they may take to improve your credit score you could have done on your own for free.

What should I do before filing for bankruptcy?

Talk to a bankruptcy lawyer before filing for bankruptcy protection. Understanding that bankruptcy is a serious financial decision is important. After bankruptcy it can be difficult to get credit at a reasonable interest rate, and it could take several years to fully repair your credit rating.