How Long Does It Take For A Bankruptcy To Disappear From Your Credit Report?

When you file for bankruptcy under Chapter 7 or Chapter 13 the two most frequent types of personal bankruptcy it may stay on your credit reports for up to 10 years. 

When a bankruptcy is reported on your credit reports, it has a significant negative impact on your credit score until it is erased. This implies you’ll have a hard time getting a mortgage, car loan, or personal loan.

The good news is that you may take measures to hasten the process of credit repair. Let’s look at the length of time both kinds of bankruptcies stay on your credit reports. Following that, we’ll go through several strategies for improving your credit score.

What Is the Duration of a Chapter 7 Bankruptcy on Your Credit Report?

You may dismiss part or all of your obligations after filing for Chapter 7 bankruptcy, which stays on your credit records for up to 10 years. A lender cannot collect a debt that has been discharged, and you are no longer liable for repaying it.

If you filed for bankruptcy before a debt was recorded as overdue, it will be removed from your credit report seven years from the date of delinquency. If a debt was not declared overdue before you filed for bankruptcy, however, it will be erased seven years after you filed.

What Is the Duration of a Chapter 13 Bankruptcy on Your Credit Report?

A Chapter 13 bankruptcy may last up to seven years on your credit record. Unlike Chapter 7, Chapter 13 bankruptcy requires you to create a three- to five-year repayment plan for part or all of your obligations. Debts covered in the repayment plan are discharged after you finish it.

If you were overdue on any of your discharged obligations before filing for this kind of bankruptcy, they would be removed from your credit record seven years from the date of delinquency. All of your previous discharged debts will be removed from your credit record at the same time as your Chapter 13 bankruptcy.

Bankruptcies Have a Long-Term Effect on Your Credit Scores

Because your credit score is determined by the information on your credit reports, bankruptcy will have an effect on your score until it is erased. This implies that a Chapter 7 bankruptcy will have a 10-year effect on your credit score, whereas a Chapter 13 bankruptcy would have a seven-year impact. 

However, both kinds of bankruptcies will have a lessening effect on your credit score with time. Furthermore, if you maintain excellent credit practices, your credit score may improve more quickly.

In addition, how much your credit score drops depends on how good it was before you filed for bankruptcy. If you had a decent to exceptional credit score before filing, your credit score is likely to suffer a greater decrease than someone who already had a poor credit score.

5 Rebuilding Your Credit After Bankruptcy Tips

You can repair your credit if it has been severely damaged by bankruptcy. Here are five things you can do to help.

  • Examine your credit reports first

After filing for bankruptcy, you should check your credit reports from all three credit agencies: Experian, Equifax, and Transunion. Monitoring your credit report is an excellent idea since it may assist you in detecting and correcting credit reporting mistakes. Due to Covid-19, you may get a free weekly credit report from until April 20, 2022.

Check to verify whether all accounts discharged after bankruptcy are shown on your account with a zero balance, and note that they were dismissed due to it when checking your reports. Also, double-check that each account mentioned belongs to you and that the payment status and open/close dates are accurate.

If you find a mistake when checking your credit reports, you may dispute it with each credit bureau involved by mailing a dispute letter, submitting an online claim, or calling the reporting agency.

  • Don’t Forget to Take Pictures Payment

The most significant credit component is payment history, which accounts for 35% of your FICO credit score. Your credit score may increase if you pay off any outstanding bills on schedule. Your credit score may be harmed further if you make late payments or default on a loan.

  • Maintain a low credit utilization ratio

Another important credit score component is your credit usage ratio, which accounts for 30% of your FICO Scort. Your credit utilization ratio is a calculation that compares how much credit you utilize to how much credit you have available. 

For example, if you have $10,000 in available credit and spend $2,000, your credit ratio is 20% ($2,000/$10,000).

Although it’s generally advised that you maintain your debt-to-income ratio below 30%, you may be able to repair your credit quicker if you keep it closer to 0%.

  • Think about getting a secured credit card

It’s doubtful that you’ll be approved for a conventional credit card after filing for bankruptcy. You may, however, be eligible for a secured credit card. A secured credit card is one that asks you to put down a security deposit, which determines your credit limit.

The credit card company typically records your payments to the three credit agencies when you pay down your amount. Paying off your debt on schedule may help you establish credit. A credit card company will usually return your deposit after you cancel the card.

Compare yearly fees, minimum deposit amounts, and interest rates when searching for secured credit cards to get the best deal.

  • Obtain authorization to use a credit card

If you don’t want to get a secured credit card, ask a family member or acquaintance with excellent credit to add you as an authorized user on one of their cards. 

Your credit score may improve if the issuer submits the card’s good payment history to the three major credit agencies. However, if the main cardholder misses a payment or exceeds their credit limit, your credit score may suffer.


Bankruptcy may stay on your credit record for up to 10 years, depending on the kind of bankruptcy you declare. This may have a long-term detrimental effect on your capacity to get credit. 

However, the effect on your credit score will diminish with time. Take some of the steps listed above to get a jump start on rebuilding your credit score after bankruptcy.



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