How Long Will Bankruptcy Stay on My Credit Report Bankruptcy Lawyer explains 801-676-7308 Utah Ch 7 Ch 13

You’ve probably been wondering, How Long Will Bankruptcy Stay on My Credit Report?  If I file a chapter 7 bankruptcy case, how bad will my credit be damaged?  What if I file a chapter 13 bankruptcy case, how long will that be on my credit?  What about a Chapter 11 business bankruptcy?

At the time this video is made, a chapter 7 bankruptcy will stay on your credit report for a period of 10 years.  That doesn’t mean you won’t be able to get a car loan or a credit card or even a mortgage for a house after you file.  In fact, after your chapter 7 case is over, you will get many credit card offers in the mail.  You will be able to get a car loan and a credit card usually within 30 to 45 days after you file a chapter 7 case. A mortgage usually takes at least a year, but usually 2 to 3 years after you file before you will qualify. 

It is different in a chapter 13 bankruptcy case.  Usually, a chapter 13 bankruptcy will report on your credit history for 7 years a drop off.  Remember, in a ch 13 case, you are in bankruptcy for at least 3 years and no more than 5 years.  This means if you are in a 5 year plan, the bankruptcy will only report for 2 years after your case is done and then it drops off of your credit history.  Not a bad deal.

We are a debt relief agency. We help people file for bankruptcy under the bankruptcy code.  If you would like additional information about filing for bankruptcy relief, give our office a call at 801-676-7308.  If I am unavailable, please schedule a telephone appointment or an in person meeting.  Our office has free initial consultations.

This video is really for you if you have a family law case or if you are going to have a divorce, child support or child custody case in Salt Lake City Utah or in one of these Utah locations: Salt Lake City, Provo, Orem, Ogden, Park City, West Jordan, Pepperwood, Sandy, South Jordan, Salt Lake City, Herriman, Sandy City, Taylorsville, Midvale, Riverton, Draper, Holladay, Copperton, Magna, Alpine, Lehi, Grantsville, Tooele, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Bluffdale, Park City, Farmington, Provo, Kaysville, and Layton.

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In this video I give you a brief explanation of how long bankruptcy wills stay on your credit history in Salt Lake City Utah.  We are Utah Bankruptcy Attorneys and Lawyers in these Utah locations: Salt Lake City, Provo, Orem, Ogden, Park City, West Jordan, Pepperwood, Sandy, South Jordan, Salt Lake City, Herriman, Sandy City, Midvale, Riverton, Draper, Holladay, Copperton, Magna, Alpine, Lehi, Tooele, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Bluffdale, Park City, Farmington, Provo, Kaysville, Layton, Syracuse, Clearfield, Hill AFB, and Grantsville.

I hope you find this blog post helpful - if you have other questions - please let me know - thanks and take care - 

Jim 

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Guardian Law LLC
8833 S. Redwood Road, Suite C
West Jordan, Utah 84088 United States
Telephone: (801) 876-5875