Bankruptcy Stays on your credit report even if case dismissed
I just received an e-mail from a gentleman who filed a chapter 13, but later decided to dismiss his case. He is wondering if the Bankruptcy Court can instruct the credit reporting agency to remove the bankruptcy from his credit report. Unfortunately, the answer is no. A bankruptcy will stay on the debtor’s credit report for ten years, even if the case is later dismissed.
I don’t know if this result would have made a difference for this gentleman, but at least he should have been told the result.
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